Euro 2012 qual. - Capello reinstates Terry as England captain
But he has been unable to communicate the news personally to Ferdinand with Capello claiming the Manchester United defender "preferred not to meet me" at Old Trafford on Wednesday.
Terry was initially appointed England skipper by Steve McClaren in August 2006 and then Capello reinstated him in August 2008 after initially experimenting with different players in the role.
He stripped Terry of the honour 13 months ago after an alleged affair with a former girlfriend of England team-mate Wayne Bridge. But Capello has decided Terry has served a sufficient punishment after describing him as the "biggest personality" in the England dressing room and a "leader".
He said: "I decided John Terry would be the captain for this game (against Wales) because, after the game in Copenhagen, the way the armband was moved around was upsetting for him.
"Also, I said my decision would be the day before the (Wales) game because I wanted to speak with the players, I wanted to speak with John Terry.
"But I have decided that John Terry, after one year of punishment, will again be the permanent captain. I think one year's punishment is enough. He was my first choice when I (initially) decided on the permanent captain."