Sport Bild claim the 23-year-old is on the shopping list for both clubs.
Rodriguez has become a key player for Wolfsburg since joining the club from FC Zurich in January 2012.
Rodriguez has a £23million release clause in his contract with Wolfsburg.
The defender’s current contract with Wolfsburg is set to expire in 2019.
He told Sport Bild: “Wolfsburg is a super club, and I’m still young.
“But I have a goal, as a football player, and that is to win titles regularly and be playing as a top, top club.”