I think Rodrygo considers a moves to Saudi Arabia as a wrong move at this time of his career and rather favors a move that keeps him in Europe, he has been linked to Arsenal in recent weeks. I also agree that any club that gets to sign Rodrygo will be grateful in years to come that they did, I really wish it would be Arsenal that gets to sign Rodrygo and he comes to the EPL.
Arsenal are indeed the closest, and rumor has it they have made an offer to Madrid. But not only Arsenal, Liverpool was also rumored to be interested, but they are also waiting for the completion of the transfer of their released players. Not only from the Premier League, Barcelona is also rumored to be interested in bringing Rodrygo, although I am also not quite sure of their seriousness.
Many European clubs still have an interest in Rodrygo. I think there is no reason for him to move to Saudi to enrich himself at an age that is still very productive for competition in Europe's top leagues.
I think that Rodrygo at that age would be useful to any European team, and that's something that all international clubs have seen.
So there will be an assault from all the big European clubs who want to take him home, an excellent player who will most likely be sold off by Real Madrid