Hughes told a press conference: "The situation is that Spurs are interested but the deal has not been done.
"If the deal does not feel right then it will not be done.
"He's not with us at the moment, but I don't want to go into details. If something happens in that respect, you'll be the first to know.
"I don't like talking about any prospective business that is being done, whether or not it is likely or not, until it is actually done.
"Once deals are concluded, if they are to be finalised, then I'll discuss them."