Sheffield Wednesday boss Alan Irvine has confirmed his interest in QPR winger Lee Cook but has played down links with Richard Hughes.
Skysports.com revealed the Owls' interest earlier in the week and Hillsborough boss Irvine has now confirmed he is a player they are monitoring.
But Irvine is aware that the midfielder is attracting interest from several sides during the January transfer window.
The Wednesday manager understands that he will not be able to break the bank for the former Watford player and knows QPR will accept the best deal on their terms.
"There are a number of clubs who have made inquiries," Irvine told the Sheffield Star. "They'll be looking at it to see how good a deal they can get.
"He's on quite big wages and they will be looking to recoup that as much as they can. There's a certain level we would go to.
"He's an unfortunate lad; he's had some bad injuries; it's a real shame, because he's a talented footballer.
"He's intelligent, with a sweet left foot, he's a nice crosser of the ball, with good delivery from set-pieces. Without the injuries, he would have had a very successful career."
Irvine has played down suggestions that he could be looking to land experienced midfielder Hughes from Portsmouth, with the player current out in the cold due to a contract wrangle at Fratton Park.
The Owls boss added: "He's in a strange position: if he plays one more game or appears on a team sheet, I think, he gets a new contract at a fairly high level.
"We're aware of him. I know his dad - he did a bit of scouting for Everton in Italy. He is on wages we can't afford. I've not contacted anybody at Portsmouth about him."