Phillips has been one of Leeds’ best players for the last couple of years, although he has endured an injured season in this promotion, which has hampered the club’s fortunes significantly.
The Yorkshire team is just five points above the relegation zone and although they are expected to strike down, a summer rebuild under new manager Jesse Marsch is likely.
The Manchester Evening News reports that Phillips is still considered an integral part of the team, but Leeds have accepted that they will eventually lose the 26-year-old to a bigger club.
United appear to be the most likely destination and are said to be working on a deal for the English national team player, who played the lead role at last summer’s European Championship, with the defensive midfield position as a priority area for Erik ten Hag’s new team.
West Ham and Aston Villa have also expressed interest in signing the midfielder, who has been dubbed ‘Yorkshire Pirlo’ due to his excellent passes, visions and defensive abilities.
The Red Devils have also been linked with moves for other Three Lions midfielders Declan Rice and Jude Bellingham, but they are likely to be priced out of a move for West Ham and Borussia Dortmund stars.
Phillips is valued at £ 60 million by Leeds, which the club hopes will deter any potential buyers this summer, but they may be likely to sell sooner rather than later with the player’s contract expiring in 2024.
It is also unclear whether Phillips, a lifelong Leeds fan and player who has played 229 games for the club, would be willing to switch to the tough rivals, United.
The Manchester team will hope they can tempt Phillips to follow in the footsteps of Eric Cantona and Rio Ferdinand, who both became United legends after switching Elland Road to Old Trafford.
MORE: Cristiano Ronaldo has got what Erik ten Hag wants in Manchester United, says Gary Neville
MORE: Roy Keane confused over Ralf Rangnick decisions and ‘crazy’ Manchester United contracts
For more stories like this, check out our sports page.
Follow Metro Sport for the latest news on
Facebook, Twitter and Instagram.