However, it may not be the end of the story as according to the Times, Terry will launch an appeal if found guilty.
The paper speculates that Terry would likely receive a four match ban if found guilty as opposed to the eight match ban Luis Suarez received.
The Times explains why the Chelsea captain's ban will likely be half the amount received by the Liverpool striker.
"Suarez was banned for eight matches last December for racially abusing Patrice Evra, but he was found to have done so several times," they report.
"Terry is charged with making one racial slur, so it is thought that he would receive a lesser suspension if found guilty, with four matches the most likely. He has admitted using the words “black c***”, but insists he was not being insulting and was merely repeating the words Ferdinand had accused him of saying."
Terry's intention to appeal would also mean that he would be free to face Arsenal on Saturday no matter what the ruling is.
"The 31-year-old has not trained with Chelsea all week, but is set to play in the Premier League match away to Arsenal on Saturday irrespective of the verdict, as he will be given 14 days to appeal if found guilty," the Times says.
"Terry is likely to appeal if he is found so, as he has protested his innocence throughout and has pledged to 'fight tooth and nail' to clear his name.
"…In the event of a guilty verdict, Terry is likely to wait for the full written reasons for the IRC’s judgment before launching an appeal, meaning that the case could drag on for another month."
To some other rumours and Manchester City midfield prospect Abdi Ibrahim is a loan target for a host of Premier League clubs. The 21-year-old, currently on loan to Norwegian club Stromsgodset, has attracted interest from Norwich, Wigan, Southampton and Reading. (Daily Mirror)
City are also said to be keeping tabs on Sampdoria's young Spanish midfielder Pedro Obiang. (Daily Mail)
Blackburn will make a formal approach to Tottenham this week in the hope of persuading Tim Sherwood to become their new manager. Sherwood, who captained the club to the Premiership title in 1995, is the man Rovers want to restore stability once Steve Kean’s departure has been finalised. (Daily Mail)
QPR's Shaun Derry is willing to go out on loan to find first team football. The veteran midfielder has not started a Premier League game this season after 28 top-flight outings last year as QPR avoided the drop. (The Sun)
Finally, Chelsea have given a trial to Sweden youth international Ihab Naser who is still only 15. (Daily Mail)