Stoke have reached an agreement with Cardiff over a move for Peter Odemwingie, which will see Kenwyne Jones head to south Wales in a player-exchange transfer.
The Potters have announced that the deal is subject to both strikers passing medicals and agreeing personal terms.
However, Stoke hope to conclude their move for Odemwingie over the weekend.
Speaking after his side's 1-0 FA Cup fourth-round victory at Bolton, Cardiff boss Ole Gunnar Solskjaer said: "There is potentially a deal to be done, with Peter going to Stoke and Kenwyne coming to us.
"Obviously, you cannot confirm anything until papers are signed and medicals are done, but we are quite a long way down that road.
"I can't say anything about any other players, but I know Stoke have brought out a statement so I can confirm what they have said."
Jones sent a text message to Hughes the night before Stoke's 5-3 home league defeat to Liverpool on January 12 saying to say he was not available to play in the fixture.
That resulted in the player being fined two weeks wages and not being considered for selection by Hughes for the next match, a 1-0 league loss at Crystal Palace.
The manager had said on Friday that Jones was in his thinking again for Sunday's FA Cup trip to Chelsea, but it would now appear likely he will not play another match for the Potters.