diff --git a/drivers/net/phy/phy.c b/drivers/net/phy/phy.c
index 61603f2..9b0e497 100644
--- a/drivers/net/phy/phy.c
+++ b/drivers/net/phy/phy.c
@@ -463,9 +463,9 @@
 	.shutdown	= genphy_shutdown,
 };
 
+#ifdef CONFIG_NEEDS_MANUAL_RELOC
 int phy_init(void)
 {
-#ifdef CONFIG_NEEDS_MANUAL_RELOC
 	const int ll_n_ents = ll_entry_count(struct phy_driver, phy_driver);
 	struct phy_driver *drv, *ll_entry;
 
@@ -489,10 +489,10 @@
 		if (drv->write_mmd)
 			drv->write_mmd += gd->reloc_off;
 	}
-#endif
 
 	return 0;
 }
+#endif
 
 int phy_set_supported(struct phy_device *phydev, u32 max_speed)
 {
diff --git a/net/eth_common.c b/net/eth_common.c
index 82d527a..c94a7ba 100644
--- a/net/eth_common.c
+++ b/net/eth_common.c
@@ -37,7 +37,7 @@
 	miiphy_init();
 #endif
 
-#ifdef CONFIG_PHYLIB
+#if defined(CONFIG_NEEDS_MANUAL_RELOC) && defined(CONFIG_PHYLIB)
 	phy_init();
 #endif
 #endif