The former England manager fell ill while preparing to undertake punditry duties for BT Sport on Saturday, with the news revealed on Twitter by broadcasting colleague Jake Humphrey.
Hoddle – who guided the Three Lions to the World Cup quarter-finals in 1998 – has since received an outpouring of support from across the football world, including old clubs Chelsea and Tottenham Hotspur.
In a statement released on Sunday to provide an update on his condition, the 61-year-old was said to be continuing to “respond well to treatment” but was in need of rest.
“The family are grateful to everyone in the football family – and beyond – that have sent kind messages of support, they are very much appreciated,” the statement said.
“In particular, Glenn and his family would like to publicly thank the BT Sport staff that treated him immediately on set following his collapse.
“Glenn is now in the care of the professional NHS medical services, who have also been exemplary in helping him and the family during the last 24 hours.
“Doctors have advised the most important thing for Glenn is time to rest. Therefore, his family have reiterated the request for their privacy to be respected during this period.”
Hoddle, whose birthday was on Saturday, is a legend at Spurs and is widely considered to be one of the finest players of his generation.
During a memorable playing career, he won the FA Cup and UEFA Cup at White Hart Lane and earned 53 caps for his national side.
The midfielder also played for Monaco and Swindon during stints outside the capital, before moving into management.
He went on to manage Tottenham and Chelsea, as well as Swindon, Southampton and Wolves, and led England until he was sacked after a newspaper interview in which he implied disabled people were paying for sins from previous lives.
Crystal Palace manager Roy Hodgson said Hoddle’s condition “puts the game of football into perspective”.
He added: “I know Glenn, so I was really disappointed to hear he’d suffered a serious problem.
“That affected me, of course. Nothing compares with life and death. It’s important we recognise that. Football is a village. We know everyone in our village. They almost become family.”
Former Liverpool captain Graeme Souness said Hoddle was “genuinely one of life’s good guys” and a “class act”.
“You have to have a bit of courage, the way he played football, and I’m sure that’ll stand him in good stead right now,” Souness added.
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