The Rs beat the drop on the final day of the season.
Hughes told the Daily Mail: "For me - and for my employers; we’ve all taken a risk. But let me say this - it is a good club with good people. I like the atmosphere, from the owners and the chief executive through to the staff.
"There is a buzz, a determination and now we want to move forward. Good players will want to be part of what we are trying to create - that’s our story to tell. And our story will get better from here."