The Reds are looking for significantly more for the 27-year-old and value him at closer to £10m.

Burnley are also believed to be interested in Phillips, who played under new Clarets boss Scott Parker when he led Bournemouth to promotion from the Championship during the 2021-22 season.

Phillips, who has one year left on his Anfield contract, had spells on loan at Celtic and Cardiff City last season.

The centre-back joined Liverpool in in 2016 and has made 29 appearances.