The Cottagers are reported to have turned their attention to Kranjcar following the collapse of their attempt to sign Manchester City winger Shaun Wright-Phillips
Kranjcar is being pursued by a number of clubs in the transfer window, but Hughes insists the Cottagers are not among them.
"We're not interested in Niko. We've got a lot of midfield players and he's not a priority for us," he said. "We've expressed an interest in Shaun. It's slowed and I'm not too hopeful.
"We tried to make it happen but for a number of reasons it seems to be less likely as the window closes."
Source: PA
Source: PA