There is nothing wrong with repeating it in the context that Terry stated he used it in, it's the intent behind its use which is important. He could have said what you suggested, but he chose otherwise and I could imagine how one would say it in the way that Terry is stating. It's not as improbably as people are making it out to be. And in answer to your last question, yes, Terry probably is a bit thick.
And yeah Anton did do something wrong, I'm glad you agreed with me. But what did Cole lie about? Did he deny that Terry used those words, or denied hearing what he said?
Cole's evidence directly contradicted Anton's and in some detail so it couldn't have been just a mistake on either part. Assuming Anton didn't lie under oath and therefore told what he believes is the truth, it follows logic that he believes Cole lied to help his mate. If a QPR player had given evidence that contradicted Terry, you could understand Terry not wanting to shake his hand. Assuming Terry also believes he was telling the truth.
spot on