Hughton oversaw Newcastle United's last promotion from the second tier, but warns they may find things tougher this time around.
The talented midfielder has struggled with injuries in recent years.
Celtic have reportedly failed with a second bid for Aston Villa's Scott Sinclair.
Aston Villa won their first pre-season match of the season 8-0.
Leeds United are looking for a replacement for Charlie Taylor.
Ibrox side Glasgow Rangers signed Joey Barton from Burnley earlier this summer.
Matthaus was part of the Bayern Munich side that faced Glasgow Rangers in the group stages of the competition 17 years ago.
Liverpool are interested in signing Newcastle United midfielder Georginio Wijnaldum.
The German signed a new six-year deal with Liverpool.
France take on Portugal in tonight's Euro 2016 final at the Stade de France.