According to an ESPN report, it says that Liverpool are interested in landing the Brazilian from Real Madrid since they've noticed that he might be available for transfer. But it's understood that no official bid has been placed yet for him as at the time of the report. Personally, i would love for Rodrygo to leave and go play elsewhere, at least he will be having playing time. If possible let him just go to Saudi where his guaranteed a starting eleven and a huge pay to accompany that alongside.
What Liverpool needs is a top 9 to replace their late player Jota and not a winger, they already have sharp wingers that are more hard working in both flanks, Daiz and Salah so I wonder why they'll be going for Rodrygo instead of using that money to sign a top 9 which is more important, expect they want to add more to their depth but Rodrygo can't be bought to be on the bench, he's a first team player.
Instead of Signing Rodrygo I believe that Liverpool would focus on finalising the deal for Hugo with Frankfurt maybe after the they could consider Rodrygo if need be. It would be sad to see a talent like Rodrygo move over to the Saudi League at that young age but then he'll need playing time and that won't be guaranteed in Real Madrid with their current coach.