The squad has been blighted by injury worries ahead of the tournament, with captain Rio Ferdinand ruled out after a training ground incident and Gareth Barry likely to miss the opening game against USA.
Scholes himself could have been part of the squad in South Africa, but he revealed that Fabio Capello’s offer to come out of international retirement came too late.
However, the midfielder, who quit the international scene in 2004, believes that the current squad is more than capable of lifting the World Cup this summer.
"They can win it if things go their way," he said, according to the Oldham Chronicle.
"For a start, they need to keep everyone fit.
"The squad is full of very good players but to go over there and actually win the World Cup, it helps if you've got everyone in good shape.
"They haven't had much luck in the build-up to the first game. Hopefully, there won't be any more knocks.
"It will be quite an open World Cup. There are a number of teams who can go all the way - and England are one of them.
"There's no shortage of talent in the team."
No trip to South Africa is complete without a visit to its most beautiful and sunniest city. Durban offers much more than sandy beaches, safaris, casinos and the World Cup, for information on what to do and see, please click here
Become a fan of Goal.com UK's Facebook fan page for all the latest news and insight into everything related to the beautiful game!