The problem is that Real Madrid is demanding a high price for Rodrygo and given his performances this year he's been deemed insufficient, so some interested clubs are having to reconsider. Perhaps if the price were lowered slightly, he could leave, whether to Liverpool or Arsenal. Clearly Rodrygo needs to consider this move to get decent playing time and maintain his magical foot potential.
Arsenal and Liverpool are aware that buying a player from Real Madrid doesn't come so cheap, especially if the player is of high profile. Either clubs are willing to pay for Rodrygo if only he agrees. Even AFC is ready to break the bank despite how annoying they can be to releasing money for a player they want.
At the end of the day, he has to make his choice, because the more he keeps sitting on the bench with no playing time, the more his value diminishes. And he is not getting younger anymore too.