The Gunners were believed to be interested in the 23-year-old towards the start of last year, but the Brazilian made the move to the Groupama Stadium from Athletico Paranaense on a four-and-a-half-year deal.
The 25-year-old has made 180 appearances for PSG in all competitions, including 40 outings during the last campaign.
Kimpembe could face a battle for his spot next term, though, following the arrival of Sergio Ramos, and according to L’Equipe, the Frenchman could consider his future away from the French capital.
Les Gones said to be prepared to sell the 23-year-old for a fee as little as €25m due to their financial problems.
A recent report claimed that Spurs were preparing to beat the Gunners for the Frenchman’s signature in the current market.
The 23-year-old enjoyed a fruitful 2020/21 campaign for Brighton, making 39 appearances in all competition.
Arsenal are said to be interested in his signature this summer, with the Gunners preparing to table a £45m offer, having seen their initial £40m bid rejected by the Seagulls.
The 34-year-old stopper has spent the last two seasons as the club’s first-choice keeper, racking up 80 appearances for the Parisians.
However, the Ligue 1 giants are expected to shortly announce the signing of AC Milan’s Gianluigi Donnarumma on a free transfer.