The 23-year-old has been in excellent form for Leverkusen during the 2023-24 campaign, contributing 12 goals and 11 assists in 35 appearances in all competitions.
Frimpong has eight goals and eight assists in 25 Bundesliga fixtures this term, with Xabi Alonso's side currently sitting top of the table, 13 points ahead of second-placed Bayern Munich.
Meanwhile, he has four goals and three assists across 10 appearances in the German Cup and Europa League in 2023-24, with the team also chasing success in those two competitions.
Frimpong signed a contract extension with Leverkusen last October, with his current agreement running until June 2028, but there is allegedly an affordable release clause in the deal.
According to Football Insider, the wing-back can be signed for £35m this summer, and both Man United and Liverpool are determined to bring him to the Premier League.
The report claims that Arsenal are also keeping a close eye on the situation, with the Gunners believed to be long-term admirers of the two-time Netherlands international.
Frimpong came through the youth system at Manchester City, but he failed to make the breakthrough into the first team and instead started his professional career with Celtic in 2019.
The defender made 51 appearances for the Scottish giants before moving to Leverkusen in January 2021, and he has now represented the Bundesliga side on 130 occasions in all competitions, scoring 23 goals and registering 31 assists in the process.
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