Terry Butcher has headed home to the Highlands after talks with Hibs chairman Rod Petrie on an offer to take over as the new manager at Easter Road. The former Rangers and England defender met with Petrie on Wednesday after being given permission to discuss the position created when Pat Fenlon resigned last week. Butcher, who previously managed Coventry, Sunderland and Motherwell, turned down advances from Barnsley earlier this year saying that he still had work to do at Caley Thistle where he has been in charge since January 2009.While Hibs fans are anxious to see a new man installed as soon as possible, it is understood Butcher wants time to consider the offer rather than anything untoward in negotiations. Inverness Caley chairman Kenny Cameron while allowing Butcher to meet Petrie is very keen to hang onto him and his management team. Butcher's deal with Inverness comes to an end at the conclusion of the current season with a new offer on the table for the last seven month. Currently, Hibs have permission to speak to Butcher but not the rest of his management team, Maurice Malpas and Steve Marsella. It would be unlikely that Butcher would not want Hibs to negotiate a deal for all three to move to Edinburgh with compensation estimated around £100,000 for the package deal.