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The 22-year-old has scored 16 goals and added 15 assists in 46 matches across all competitions this season.
German publication BILD reported yesterday that Wirtz and his parents are pushing to ensure he departs Bayer Leverkusen this summer.
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But when asked if Wirtz is a 'statement' signing compared to the likes of Erling Haaland and Declan Rice, Pennant said: "Not as big as Haaland and Rice.
"We don't see him week-in week-out, we don't watch the Bundesliga as much as the Premier League, but he's making noise.
"He has been since [Xabi] Alonso was in the job and all of a sudden this new No.10 appears, how good he was and lighting up the Bundesliga with Leverkusen.
But it's not grabbing me.
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"If someone said to you we're going to sign Florian Wirtz, you're not going 'amazing'.
I am not saying he is not a great player, but there's other players out there.
"If you were to tell me we're going to sign Isak I would be like 'oh my god, it's the best signing ever and I'm all over it'.
When you're talking about Wirtz and we might sign him, I am like 'good player' but it's not perfect and what we need."
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Although Liverpool are planning ahead to the summer, Arne Slot's side have two Premier League fixtures remaining.
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