Speaking to the Daily Telegraph, the French midfielder revealed he had the opportunity to move to the Anfield club but felt he wasn't ready for the rigours of the Premier League and stayed in France with Toulouse.
Now with Tottenham - Capoue made the switch to Spurs over the summer - he faces Liverpool at White Hart Lane on Sunday afternoon, opponents he very well could have been lining up for under different circumstances.
"I think it was the right decision," said Capoue. "I knew English clubs were interested in me, but one reason why I didn't come earlier was because the chairman didn't agree and the other reason was that I wasn't really ready for the Premier League."
The 25-year-old has endured an injury disrupted start to his Spurs career after rolling his ankle during the north London derby against Arsenal earlier this season.
He returned to play his first full 90 minutes in the Premier League since that injury against Sunderland last weekend, and won special praise from his manager Andre Villas-Boas for a superb performance at the heart of the Tottenham defence.
More regularly deployed as a defensive midfielder, Capoue was excellent for Spurs as they came from behind against the Black Cats to secure a hard-fought 2-1 win.