The Daily Mirror is reporting that the Gunners and Spurs are both keeping tabs on the 19-year-old attacking midfielder as the January transfer window draws nearer.
The same story also reports that the teenager has been attracting interest from the likes of Southampton, Everton, plus a number of clubs in Germany.
The article also reveals that Wolf has been likened to Tottenham Hotspur playmaker Christian Eriksen, who is widely regarded as one of the Premier League’s finest midfielders.
Wolf is under contract at RB Salzburg until 2020 and he has scored four goals and made two assists in all competitions for the German club so far this season.
Both Arsenal and Tottenham are sure to be linked with a number of players in the coming weeks as both of the north London clubs consider adding to their squads in the mid-season transfer window.
Arsenal currently find themselves above their bitter local rivals in the Premier League table after their impressive 4-2 win over Spurs in the derby clash at The Emirates on Sunday.
The Gunners will take on old foes Manchester United in the Premier League on Wednesday night at Old Trafford.
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