The Hungarian’s contract with the Cottagers is set to expire this summer.
Gera was sent-off against Arsenal on Sunday for a lunge on Thomas Vermaelen.
“We were desperately disappointed for Zoltan,” Hughes told Sky Sports.
“I’m still hopeful that he’s going to stay next year but he’s got options and he’s keeping them open and he’s within his rights to do that.”
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The start of the 2017-18 Premier League season is just around the corner and is shaping up to be one of the most competitive yet.
As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?