Reports suggest that the newly-appointment boss is concerned about the two being in the same camp for the duration of the European Championships, amid the ongoing race row between the Blues skipper and Ferdinand’s younger brother Anton.
Terry is said to be the favourite to be omitted if one of the experienced internationals does miss out.
Hodgson signalled his intentions in his first press conference as England boss to sit down with the pair and discuss whether they would be able to be in the same camp for potentially over five weeks.
However, it now appears the 64-year-old could be set to make his choice without discussing it with the duo, with his Euro 2012 squad selection just seven days away and both players preoccupied with club duties until Sunday.
The 23-man squad for the tournament in Poland and Ukraine is due to be named on May 16.
The former England skipper’s court case on charge of racially aggravated abuse of Anton Ferdinand is set to take place on July 9, a little over a week after the tournament concludes.