An exciting winger, Phillips signed for Blackpool back in 2010 for an undisclosed fee from Wycombe Wanderers.
The Aylesbury-born 22-year-old has since become a Scotland international and was rewarded with a place in the PFA Championship Team of the Year in the 2011/12 season.
Despite a stint on the sidelines last season with a toe injury, he made 35 appearances for The Seasiders and scored four goals.
He is set to miss the first three months of this campaign after an operation on his arm.
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