Chelsea's Terry, 31, is accused of calling
He denies a racially aggravated public order offence, saying that he was sarcastically repeating the slur that Ferdinand mistakenly thought he had used.
Cole, also 31, told Westminster Magistrates Court: "I think we shouldn't be sitting here."
He said that while racism should never be tolerated, repeating what you thought someone said was 'completely different'.
Cole said: "If I repeated something that I thought you said, that's totally different than if someone just says something."
English Premier League
David Moyes had no hesitation in rubber-stamping Rio Ferdinand's one-year contract extension because he believes the Manchester United defender has just had one of his best seasons ever.