The former Tottenham and Republic of Ireland defender revealed on Monday he will sit down with managing director Derek Llambias after Saturday's Coca-Cola Championship clash with Doncaster to discuss his own situation.
"I am honoured to be offered the job. We are still in negotiations, but it is something we hope will get resolved," said Hughton.
"I have always felt that the manager's situation was an issue, but not the most important one. Getting results has been the most important thing.
"Once we have got Scunthorpe and Doncaster out of the way, we will have discussions with Derek Llambias.
"It will involve moving from caretaker to manager on a full-time basis. They have indicated to me that they want to turn it from a temporary role to a permanent one."
Hughton was placed in temporary charge of team affairs for the third time on July 1 after owner Mike Ashley's talks with Alan Shearer in the wake of relegation came to nothing.
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