The Welshman took over from Warnock at Queens Park Rangers in January 2012 and has been out of work since leaving Loftus Road in November.
Hughes, 49, has been linked with the managerial vacancy at Leeds following Warnock's departure on Monday.
Warnock told talkSPORT: "I personally hope Mark Hughes follows me again and destroys another team of mine.
"I don't think it's a club for a young manager. There is so much going on behind the scenes it is ridiculous really. It needs somebody who has seen it all and done it all.
"I laugh when I see some of these names. A) We can't afford the compensation and B) do you think Mark Hughes would want Leeds United at the moment? It's a hard one but there are a lot of applicants."
Warnock, 64, hinted that his managerial career may be over but he is likely to remain in the game for some time.
He added: "I've got a young family and I want to relax a bit. But I do feel now, especially with the tenure of managers being so short, that there is a massive gap between the owners of a club and the manager himself and I don't think there is enough expertise in between those two roles.
"I do think, even if it's only a couple of days a week, I can help somebody. I'm sure there is somebody that would be crying out for that sort of role."
- Sports & Recreation
- Queens Park Rangers