Queens Park Rangers defender
Scotland Yard confirmed it is investigating after the Premier League club notified it of a package.
Sources confirmed Ferdinand was the intended recipient, however the contents remain undisclosed.
Reports that the package contained a bullet, or similar, have not been confirmed by the club or police.
A report that it contained a shotgun cartridge was denied by a source.
QPR plays Chelsea in an FA Cup fourth-round match at Loftus Road on Saturday (Sunday AEDT) and the clubs advised supporters to arrive at the stadium early to undergo full searches.
"Ahead of tomorrow's FA Cup fourth-round tie at Loftus Road, we would like to advise supporters from both QPR and Chelsea to arrive early at the stadium," a shared statement from the two clubs read to Press Association Sport.
"Full searches will be carried out ahead of your entry to the ground, so please have your tickets to hand and be ready to be searched.
"Entry to the stadium will be permitted from
"We are asking for your full understanding and co-operation."
A spokesman for Scotland Yard said: "I can confirm we are investigating an allegation of malicious communication received today at QPR football club. Officers from Hammersmith and Fulham are investigating."
Ferdinand, 26, is the brother of Manchester United and England defender
Saturday's game sees QPR play Chelsea for the first time since allegations emerged that
England and Chelsea captain Terry has been charged with racially abusing Ferdinand and is expected to enter a not guilty plea at Westminster Magistrates Court on Wednesday, having repeatedly denied the charge against him.
QPR boss
Hughes said: "If he feels it is not appropriate, that has to be his own decision.
"It won't be influenced by myself or the club."
Chelsea manager
Villas-Boas said: "Everybody has been having conversations, from the top, to the players, to the manager."
Hughes has played down reports Ferdinand had spent £30,000 ($44,390) on personal security to ensure a trouble-free journey to Loftus Road.
In a press conference he joked: "We're actually in a hotel tonight and travelling to the ground by coach so it is 30 grand he didn't have to spend."
Chelsea has already vowed to ban any fan found racially abusing Ferdinand from
FA Cup
Stoke appeals Delap red
Stoke City has appealed against Rory Delap's red card in his side's FA Cup win over Crawley Town.
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