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We have no officially news about this all even right now few things are clear again on transfer window too much drama and surprises are going to happen because this is beauty of the transfer window in every season currently we have few top ranked players which are going to have huge amounts and big influence on their transfers with Harry Kane, Kylian Mbappé and Victor Osimhen are top players.

Currently, nothing is clear because mostly clubs are working on few things after few days we will have clear updates Bayern Munich is strictly working on Harry Kane and Real Madrid is also working on their striker problem even mostly feeling they have no sources for the Kylian Mbappé so most chances he will enter in England for the next era and Victor Osimhen is also had good feedback from giants in UEFA so wait and watch for the next rumour who is going to leave his club for the another record transfer fees in this transfer window.

Honestly, I'm not sure Liverpool and Arsenal will bring in Kylian Mbappé the main reason is that the Premier League is not the next purpose he prefers LaLiga
Another reason I doubt they are ready to pay a high price and high salary, while Arsenal already have Kai Havertz with a salary 330k per week obviously it will interfere with their budget, the same thing with Liverpool they have several players with high salaries while for Madrid it makes sense they really need a striker even Mbappe has been targeted since last season.

High fees and wages are of course the reasons but I am very confused as to why Mbappe has been linked with Liverpool and also Arsenal when the rumors are that he is very close to Real Madrid.
But in my opinion it's not just a matter of money, for the player himself it's better to move to Real Madrid to be able to support his career because Real Madrid is one of the best teams in the world right now and they also really need a striker, this fits his character perfectly Mbappe.

Mbappe would never have left PSG if money and opportunities required him to change clubs. Because PSG already have Mbappe in the team with the highest salary with the highest facilities. And if Mbappe wants to extend his contract, I think PSG will increase his salary if Mbappe wants. But Mbappe's main reason for changing clubs is to win some major tournament titles and compare himself with the best. Already PSG is said to be a lower league team compared to La Liga and the English Premier League, that's why it is very difficult to shine from that league. I think Mbappe is unlikely to go to Liverpool. If he changes clubs, he could join Real Madrid.