His history with the club has prompted links with a possible return, he was in December mentioned as a candidate when Thomas Tuchel was sacked before Mauricio Pochettino – with whom he played with at PSG – was appointed.
But Arteta, who continues to learn his trade at Arsenal, is not looking for a new role just yet with “a lot of work to do” with the Gunners.
“I love Paris, I love Paris,” he told BeIN Sports FR, via GFFN.
“I have very good memories from over there. It was my first club as a professional. The club is always in my heart.
“You never know, but I have a lot of work to do (at Arsenal).”
He also said: “PSG have an incredible team … the manager Mauricio Pochettino is a coach that I am close to because I played with him at PSG.
“He is a very, very strong manager and I hope that he will win a lot of titles with PSG.”