Hughes' name has been thrown into the ring along with Jose Mourinho, Didier Deschamps, Frank Rijkard, Roberto Mancini and Guus Hiddink.
Witht he financial backing of Roman Abramovic the chance to manage at one of the richest clubs in the world must be very tempting. But so far it's just speculation.
Hughes is a fans favourite at Stamford Bridge but would he want to be in a role where the owner is reknowned for dabbing in first team affairs?