The Gunners are open to allowing the goalkeeper to leave during the current transfer window after the 26-year-old lost his place as Arsenal's number one last season to David Raya.
Ramsdale needs to secure a move away from Arsenal before the transfer window shuts as another season on the bench could be detrimental to his career.
Wolves will not be signing Arsenal star Aaron Ramsdale as a deal is too expensive, leaving him in a difficult position with just days remaining in the transfer window.
Not many clubs have made official moves for the goalkeeper, and Arsenal's reluctance to lose him cheaply complicates his potential exit.
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