Hutter came close to landing the Crystal Palace job last season before they turned to Oliver Glasner.
The Austrian told the Telegraph: "We are in contact, my agents and Monaco (about a new deal). We have good conversations and I think both sides are satisfied. We'll see what happens in the next few weeks. League and the runner-up championship for the first time in five years.
"I would like to work in the Premier League like almost every coach. But I'm here in a huge club in France.
"The Premier League is a dream, but now it's Monaco and I'm really happy about it.“
Hutter was speaking after Monaco's Champions League defeat to Arsenal last night.
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