The report further adds that if the 25-year-old does decide to leave Elland Park, he would prefer a move to Anfield.
ANFIELD WATCH VERDICT
We would love to see Liverpool sign Phillips. The midfielder can seriously play.
The Reds are yet to replace Gini Wijnaldum. The Dutchman departed Liverpool and joined Paris Saint-Germain on a free transfer during the summer.
Phillips would be a decent replacement for Wijnaldum. The Englishman is young, talented and plays in a similar position to Wijnaldum.
There is a lot to like about Phillips. But, only time will tell if Liverpool are genuinely interested in signing the midfielder.