The England Under-19 defender joined the Foxes on loan last week, along with team-mate Jesse Lingard, but picked up a hamstring injury during his debut against Bolton.
After returning to Carrington for treatment, it's hoped that he could be available again soon to City boss Nigel Pearson.
"It would be a good loan move if he had not got injured!" admitted Ferdinand. "It would have been great for him. He is a great prospect. I have spoken highly of him for a couple of years now. He has a really big future. I am just disappointed he has had a setback with a little injury."
Ferdinand had his own spell away on loan, during his early days at West Ham, and appreciates that it is an important step for any youngster to take.
"I look on my time at Bournemouth with really fond memories," he explained. "It was a very important time in my development. Any young player who gets the opportunity to go out on loan should grab it with both hands if they are not getting the opportunity at the club they are at. It can be the making of you as a player."