Phillips said: "I saw the speculation about Carl Fletcher and, as far as I know, it's just another piece of newspaper talk because we've certainly had no approach from Wigan or anybody else for any of our players.
"But as I've also said many times, everybody is well aware of the financial position of the club and, in the end, every one of our players is for sale if the price is high enough.
"We're not looking to sell anybody and in the current market, we're not expecting to sell anybody, but clearly there are offers you can't refuse for everybody in the squad, potentially."