The Chelsea defender retired from international football last year on the eve of his FA hearing for allegedly racially abusing Anton Ferdinand during a Premier League match.
The 32-year-old was cleared of any criminal charges by a jury but charged by an independent FA commission and handed a four-match ban and a £220,000 fine.
Terry had earlier been stripped of the captaincy – a move which led to the resignation of boss Fabio Capello who was angered at a decision made without his permission.
FA chairman David Bernstein is understood to be the biggest obstacle in the way of Terry making a return to represent the Three Lions, but he is due to step down from the position in July.
Roy Hodgson has made no secret of his admiration for the Stamford Bridge hero and could offer him the opportunity to pick up his 79th cap in the summer when England take on Brazil and the Republic of Ireland in friendlies.
Real Madrid forward Lucas Vazquez could be on his way to Liverpool at the end of the season, according to reports in Spain.
Everton look set to be disappointed with their attempts to lure Jack Wilshere as the player is poised to stay with Arsenal.
Newcastle boss Rafael Benitez was pleased with the performance of his players as they slipped to a 1-0 defeat at Tottenham.
Bournemouth striker Jermain Defoe is still hoping experience counts for a lot and he will make England's World Cup squad.
Arsene Wenger has told Jack Wilshere he should stay at Arsenal and believes the player is close to agreeing a new deal.
Mauricio Pochettino was bursting with pride after seeing Tottenham book a third successive season in the Champions League.
Antonio Conte says the league table does not lie as Chelsea were held to a 1-1 draw against Huddersfield last night.
Huddersfield boss David Wagner paid tribute to his players as they secured Premier League survival with a 1-1 draw at Chelsea.
Pep Guardiola hailed a 'perfect night' as Manchester City set a hat-trick of Premier League records with a 3-1 win over Brighton.
Jose Mourinho insists he does not want to sell Paul Pogba and expects him to remain with Manchester United next season.