Many clubs are also in struggling to sign Rodrigo like Chelsea, Manchester City and Arsenal but in my opinion, Liverpool will take ahead from other clubs in the signing of Rodrigo because they already intend to sell Darwin Nunez and as a result, they will sign Rodrigo. But anyway, let see what happens next.
News on whether he's leaving Madrid is inconclusive, but close to be true due to Rodrigo's stats, this season, not convincing for Madrid to keep him. Having scored 13 goals and 7 assists this season, which includes 6 goals and 5 assist in la Liga, then 5 goals and 2 assists in champion league, and 2 goals in supercopa, he stand a lesser chance in the club as they deemed his stat to be low. But his contract is active, and should be ending around 2028, yet nobody is sure of his next moves.
Rodrygo is still under contract with Madrid until June 2028, and I think he is one of the most important assets for Madrid at the moment. But amidst the tight competition in Madrid front line, and the interest of several top European clubs, it is possible that Rodrygo will look for a new challenge. The Premier League is one of the favorite destinations, Man City, Liverpool, Arsenal and even Chelsea are rumored to be interested in recruiting him, in terms of budget, these clubs seem to have no trouble paying Rodrygo release clause. But for next season, it all depends on Xabi Alonso, and I think Rodrygo is likely to be retained.