Ferdinand is adamant that changes need to be made to the set-up in England in order for them to compete in international competitions in the future.
He wrote in his column in the Daily Mail: "Enough is enough. England's embarrassing early exit from the World Cup needs to be a wake-up call that something is fundamentally wrong in our national game and it needs fixing or we'll be also-rans for ever.
"To say that we are now a laughing stock is not right, but only because our major rivals didn't start this World Cup genuinely fearing England. England crashing out is not a surprise to them, or to be honest with ourselves, to us."
England face Costa Rica in their final World Cup match on Tuesday.