Neil Warnock was sacked on Sunday night with the club 17th in the Premier League table.
Hughes, who was the early favourite to succeed Warnock, will be ready to negotiate with Rangers once his representative Kia Joorabchian returns from Brazil, according to Goal.com.
Hughes's last job was with Fulham before he resigned in summer 2011 after only 11 months in charge.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Sunderland | 14 | 9 | 3 | 2 | 23 | 9 | 14 | 30 |
| 2 | Sheffield UnitedSheff Utd | 14 | 9 | 3 | 2 | 18 | 7 | 11 | 28 |
| 3 | Leeds UnitedLeeds | 14 | 7 | 5 | 2 | 22 | 9 | 13 | 26 |
| 4 | Burnley | 14 | 6 | 6 | 2 | 17 | 6 | 11 | 24 |
| 5 | West Bromwich AlbionWest Brom | 14 | 5 | 7 | 2 | 14 | 8 | 6 | 22 |
| 6 | Millwall | 14 | 6 | 4 | 4 | 17 | 12 | 5 | 22 |
| 7 | Watford | 14 | 7 | 1 | 6 | 22 | 22 | 0 | 22 |
| 8 | Middlesbrough | 14 | 6 | 3 | 5 | 18 | 16 | 2 | 21 |
| 9 | Swansea CitySwansea | 14 | 5 | 4 | 5 | 11 | 9 | 2 | 19 |
| 10 | Blackburn RoversBlackburn | 14 | 5 | 4 | 5 | 16 | 16 | 0 | 19 |
| 11 | Bristol City | 14 | 4 | 7 | 3 | 18 | 19 | -1 | 19 |
| 12 | Norwich CityNorwich | 14 | 4 | 6 | 4 | 23 | 20 | 3 | 18 |
| 13 | Derby CountyDerby | 14 | 5 | 3 | 6 | 18 | 18 | 0 | 18 |
| 14 | Stoke CityStoke | 14 | 5 | 3 | 6 | 17 | 18 | -1 | 18 |
| 15 | Sheffield WednesdaySheff Weds | 14 | 5 | 3 | 6 | 17 | 24 | -7 | 18 |
| 16 | Oxford UnitedOxford Utd | 14 | 4 | 5 | 5 | 17 | 17 | 0 | 17 |
| 17 | Coventry CityCoventry | 14 | 4 | 3 | 7 | 18 | 19 | -1 | 15 |
| 18 | Hull City | 14 | 3 | 6 | 5 | 15 | 18 | -3 | 15 |
| 19 | Luton TownLuton | 14 | 4 | 3 | 7 | 16 | 21 | -5 | 15 |
| 20 | Preston North EndPreston | 14 | 3 | 6 | 5 | 14 | 20 | -6 | 15 |
| 21 | Cardiff CityCardiff | 14 | 4 | 3 | 7 | 13 | 20 | -7 | 15 |
| 22 | Plymouth ArgylePlymouth | 14 | 4 | 3 | 7 | 14 | 25 | -11 | 15 |
| 23 | Queens Park RangersQPR | 14 | 1 | 7 | 6 | 12 | 23 | -11 | 10 |
| 24 | Portsmouth | 14 | 1 | 6 | 7 | 13 | 27 | -14 | 9 |
| > Championship Full Table | |||||||||
