Jones, who has been at Old Trafford for over a decade, has been out with a knee problem for 18 months and made his comeback from injury in a friendly against Burnley last week.
Ferdinand said on his YouTube channel: “He's taking up a youth team player's position in that squad right now.
“He's had too many injuries now. I was in the same team as Phil Jones.
"He came from Blackburn as a young kid and everyone was saying he was going to be this great player.
“Huge potential but injuries have absolutely annihilated his career and then confidence issues at certain times as well.
“He's never been able to fully establish himself in the team. Whether it's injuries, lack of form, lack of confidence. I think he should've gone ages ago."
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