As usual Arsenal will continue to be linked with many star players in the transfer market but in the end we only see the interest as just a rumor without any approach made by Arsenal to recruit the player, I think the news is no different from when Arsenal were linked with Osimhen, Gyokeres and also several other players so far, Florian Wirtz is an up-and-coming player at the moment after his performance with Leverkusen is quite consistent and good so it's not surprising that he is the target of many big teams today, although Arsenal may be able to buy Florian Wirtz but I don't think if Arsenal will be willing to spend a lot of money to recruit him, besides that isn't Arsenal rival to get Florian Wirtz is Madrid?
So we know how much chance Arsenal has to get Florian Wirtz from Leverkusen later?

A lot will depend on how Florian Wirtz will get through this season and what his impact will be on the biggest European stage in the CL. If he can become an important player for Bayer Leverkusen in the CL, I think that Arsenal would be out because there will be Real Madrid. And Real Madrid is sometimes willing to pay whatever is needed and I believe his contract is going to end in 2026, which means that Bayer Leverkusen has to make a big decision. But since they are not as rich as the sheikh clubs, I suppose they will sell Wirtz. But it won't probably be €150m. There aren't too many clubs that could afford him anyway if he plays an excellent season. Bayern Munich has said at some point that they would be willing to spend a lot of money for top talents from Germany, so who knows what they will have to say when they throw their hat into the ring.