United recorded the last of their record 10 triumphs in the competition nine years ago, when they beat Millwall at the Millennium Stadium.
Since then they have competed in three Champions League finals and one semi, in addition to winning the Premier League on four occasions, and with Sir Alex Ferguson set to make big changes for Saturday evening's third-round tie at West Ham, it seems the tournament has tumbled down the list of priorities.
Yet Ferdinand - who missed that 2004 game as he was serving his suspension for missing a drugs test - insists such an assessment is false.
"We never go into a tournament thinking we don't mind leaving it and are happy to go out," he said.
"This is no different to any competition. We want to win it. West Ham at Upton Park is always a hard game. We know what we are in for.
"It will be tough but it is a match we are more than capable of winning."
However, it is quite conceivable Ferguson could select a completely different starting line-up to the one he picked at Wigan on New Year's Day.
Darren Fletcher, for instance, has not started a game since December 1 after being involved in three of the previous four.
Shinji Kagawa needs additional match practice after his knee injury, whilst Nemanja Vidic, Chris Smalling and Phil Jones are also searching for full fitness after their early-season absences.
With Anders Lindegaard and Alex Buttner also due a game, Ferguson could switch half his team without even thinking whether Wayne Rooney is ready to return following the knee injury he sustained at Swansea on December 22.
Not that the United boss can afford to take it easy.
West Ham are likely to include Ferdinand's former team-mate Joe Cole and boast an impressive record of three wins from their past six encounters with United on home soil.