The 63-year-old Italian, who has been recovering from knee surgery in Switzerland, has been monitoring the fall-out closely and regularly spoken to his trusted lieutenant FrancoBaldini.
However, reports in several papers suggest that Capello and England's general manager, FrancoBaldini have learnt that Carragher's position has softened and are keen to take him to this summer's tournament.
With doubts over the fitness of Rio Ferdinand, and Wes Brown and Joleon Lescott ruled out through injury, Capello and assistant FrancoBaldini managed to persuade Carragher into reversing his decision.
The defender was visibly distraught by the injury to Ramsey, who was stretchered off and taken to hospital in an ambulance, and Capello delayed the announcement of the squad by 40 minutes to have a final discussion with his assistant FrancoBaldini about Shawcross' inclusion in light of events at the Britannia Stadium.