Four former England bosses have been asked who they think should be crowned England's finest from the last 12 months, with Steven Gerrard gaining two votes and Liverpool team-mate Glen Johnson one.
But Capello has gone for Cole, who won the award in 2010 and will join an exclusive band of players to gain 100 caps when he turns out against Brazil at Wembley on Wednesday.
Kevin Keegan - Glen Johnson.
Kevin Keegan: Glen he has been a model of consistency and, for me, just edges it over Joe Hart. The fact two of the five are defenders, and the goalkeeper is on there, tells you everything you need to know about last year. If you have two or three forwards on there, you know you've been scoring a lot of goals. Glen is a guy who's done his job, played very professionally, and looks very comfortable at this level.
Sven-Goran Eriksson - Steven Gerrard.
"It was very easy for me to have Steven Gerrard in my team. Working with him was very easy. He is a fantastic football player, he can attack, his passing is outstanding and he can score goals. He is one of the best midfielders in the world. Steven was captain for the first time under me and he has grown from that moment. He is a leader. When he speaks everyone listens.
Steve McClaren - Steven Gerrard.
Last year he was an integral part of England's progression through the group at Euro 2012. He produced the kind of performances in an England shirt that we are well accustomed to over many years with Liverpool. His assists in the first two games showed his influence. As England manager there are some players who you need to spend a lot of time with. Steven is probably one of the lowest maintenance players I have ever come across.
Fabio Capello - Ashley Cole.
Ashley won this same award for his performances in 2010. He is world class. He is always consistent, has fantastic energy, incredible experience and you can rely on him in any situation. His attitude matches his ability and he gives everything for the team.
The shortlist of five players voted for by fans on TheFA.com was Ashley Cole, Steven Gerrard, Joe Hart, Glen Johnson and Daniel Welbeck, with the outcome due to be announced at a ceremony at St George's Park on Sunday.