diff --git a/drivers/net/phy/phy.c b/drivers/net/phy/phy.c
index ae21acb059..d50fd505e5 100644
--- a/drivers/net/phy/phy.c
+++ b/drivers/net/phy/phy.c
@@ -463,37 +463,6 @@ U_BOOT_PHY_DRIVER(genphy) = {
 	.shutdown	= genphy_shutdown,
 };
 
-#ifdef CONFIG_NEEDS_MANUAL_RELOC
-int phy_init(void)
-{
-	const int ll_n_ents = ll_entry_count(struct phy_driver, phy_driver);
-	struct phy_driver *drv, *ll_entry;
-
-	/* Perform manual relocation on linker list based PHY drivers */
-	ll_entry = ll_entry_start(struct phy_driver, phy_driver);
-	for (drv = ll_entry; drv != ll_entry + ll_n_ents; drv++) {
-		if (drv->probe)
-			drv->probe += gd->reloc_off;
-		if (drv->config)
-			drv->config += gd->reloc_off;
-		if (drv->startup)
-			drv->startup += gd->reloc_off;
-		if (drv->shutdown)
-			drv->shutdown += gd->reloc_off;
-		if (drv->readext)
-			drv->readext += gd->reloc_off;
-		if (drv->writeext)
-			drv->writeext += gd->reloc_off;
-		if (drv->read_mmd)
-			drv->read_mmd += gd->reloc_off;
-		if (drv->write_mmd)
-			drv->write_mmd += gd->reloc_off;
-	}
-
-	return 0;
-}
-#endif
-
 int phy_set_supported(struct phy_device *phydev, u32 max_speed)
 {
 	/* The default values for phydev->supported are provided by the PHY
diff --git a/include/phy.h b/include/phy.h
index f023a3c268..27effdb576 100644
--- a/include/phy.h
+++ b/include/phy.h
@@ -171,14 +171,6 @@ struct fixed_link {
 	int asym_pause;
 };
 
-/**
- * phy_init() - Initializes the PHY drivers
- * This function registers all available PHY drivers
- *
- * @return: 0 if OK, -ve on error
- */
-int phy_init(void);
-
 /**
  * phy_reset() - Resets the specified PHY
  * Issues a reset of the PHY and waits for it to complete
diff --git a/net/eth_common.c b/net/eth_common.c
index c94a7ba6ae..14d4c07b69 100644
--- a/net/eth_common.c
+++ b/net/eth_common.c
@@ -36,10 +36,6 @@ void eth_common_init(void)
 #if defined(CONFIG_MII) || defined(CONFIG_CMD_MII) || defined(CONFIG_PHYLIB)
 	miiphy_init();
 #endif
-
-#if defined(CONFIG_NEEDS_MANUAL_RELOC) && defined(CONFIG_PHYLIB)
-	phy_init();
-#endif
 #endif
 }