The 24-year-old surprise hero from the 2020/21 season is believed to be on the radar of both Burnley and Newcastle United.
Phillips emerged from the depths of the Anfield squad as a defensive injury crisis took hold – proving to be an impressive figure at the back.
Despite seemingly securing a place in Jurgen Klopp’s plans, there remains the possibility of a summer move should reasonable offers be forthcoming.
Twitter: Nat Phillips is being linked with a Premier League move
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Having taken the opportunity the absence of Virgil van Dijk, Joel Matip and Joe Gomez provided, Phillips may seek continued first-team football next season.
With those trio set to return, the signing of Ibrahima Konate confirmed and Ben Davies signed in January, game time could be hard to come by at Anfield for the Englishman.
As Jurgen Klopp looks to bolster his own squad, sales will be needed in order to fund incomings.
Therefore, should offers be forthcoming for the £7.2million valued Phillips, it’s hard to conjure reasonable rationale in keeping five top-class central defenders.