The retired manager was on hand to help conduct the fourth round draw on Tuesday and was quizzed on whether or not Celtic Park would be an appropriate stadium to host the May final.
Ferguson, who saw former club Aberdeen drawn with Partick Thistle, said that Celtic's home ground was the perfect setting for this season's decider after Hampden Park was ruled out due to the Commonwealth Games.
"I believe that is the right choice," Fergie said.
"It's great that Glasgow has the Commonwealth Games and to support that it was obvious that they had to surrender Hampden Park.
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