Philippines' top priority was always the MRF program, and F-16V was always the most preferred option. They leaned towards Gripen for cost reasons, but in typical fashion that deal never went through, and now those same Gripens are nearing closer and closer to Ukraine as the Swedes are considefing their newest aid package, rather than Philippines.Philippines ordered the Brahmos missile and is keen on buying it for use by the air force for the marine strike role. Given that it is integrated on Tejas Mk1A, Mk1A is of interest. Whether the PAF would accept the set up, training and infrastructure costs to support a sub-fleet of dozen Mk1A simply to obtain access to air-launched Brahmos is questionable.
Their other long standing option is additional FA-50. They've already shown intentions to buy more, and priorities between additional LCA and MRF have long been a matter of debate, and what the PAF make their mind up about.
So if Gripen indeed gets sold, it's either F-16V or FA-50.