Latics manager Malky Mackay has made no secret of his desire to add fire power to his current squad and the expected departure of Shaun Maloney is expected to fee up the cash to move for both players.
Phillips is the cousin of current Wigan Athletic player Emmerson Boyce and has struggled for first team action with QPR this season.
The pacey forward is said to be available on loan until the end of the season and would be a fantastic capture for the Latics. Phillips showed his ability at Championship level during his time with QPR scoring three goals in twenty-one appearances last season.
He cost Rangers £5 million when he moved from fellow Championship club Blackpool the preceeding summer.
Meanwhile 23 year old forward Mitchell te Vrede is being linked with a move to the Latics after expressing his desire to leave Feyenoord.
Reports eminating from Holland suggest the Latics want to sign te Vrede on loan until the end of the season with a view to a permenant move.
During his time with the Dutch club te Vrede has made eighteen apperances scoring seven times.