Faugheen spearheads nine possible runners in the williamhill.com Christmas Hurdle at Kempton on Saturday.
The reigning champion hurdler, trained by Willie Mullins, lost his unbeaten record in the Morgiana Hurdle at Punchestown in November but is likely to be a short price to gain redemption.
Faugheen could be joined in the line-up by stablemates Arctic Fire and Nichols Canyon, the surprise winner of the Morgiana.
Sam Twiston-Davies would have a big decision to make if Old Guard (Paul Nicholls) and The New One (Nigel Twiston-Davies) are both declared for the race.
Nicholls said the former's participation is subject to a "strong piece of work" in the build-up to the race, but would not stop in the jockey's way if he chooses to ride The New One, who is trained by his father.
He told Racing UK: "It's a decision Sam has to make.
"We'll weigh up everything, he'll have a chat with his dad and see what he (Sam Twiston-Davies) wants to do.
Dell' Arca, Melodic Rendezvous and the Nicky Henderson-trained duo of Hargam and Sign Of A Victory finish off the list of possible runners.
