Hugh told the Scottish Mail on Sunday: "With the way the guys are playing at the moment there is an awful lot of interest in them coming from elsewhere.
"The guys are very concerned about their futures so we need to get this situation sorted out soon.
"The players have discussed it openly. It is something of great concern to them."
A number of Glasgow players will be out of contract at the end of the season and the current uncertainty in Scottish rugby could prompt some of them to play there rugby elsewhere.