Despite frantic, end-to-end exchanges across the remainder of regular time and a tense extra-time period, neither side could break the deadlock.
Heartbreak for the Gunners
The match ultimately shifted to a nerve-shredding penalty shootout, where the weight of expectations seemed to take its toll on the north London side.
While Declan Rice, Gabriel Martinelli, and Viktor Gyokeres successfully converted their spot-kicks, an earlier miss from Eberechi Eze left Arsenal with no margin for error.
PSG’s penalty takers remained clinical, leaving Gabriel with the monumental task of keeping Arsenal’s hopes alive.
His subsequent miss triggered wild celebrations from the PSG squad, who became just the second club in the modern Champions League era to retain the famous trophy.
Gabriel misses his penalty ?
PSG WIN THE UEFA CHAMPIONS LEAGUE!!! ?
? TNT Sports & HBO Max pic.twitter.com/6XSuU3xqsN
— Football on TNT Sports (@footballontnt) May 30, 2026
Strong season for Arsenal despite Champions League defeat
Despite the heartbreak in Budapest, Arsenal can reflect on a highly successful season under Mikel Arteta.
The Gunners ended a 22-year wait for a league title, winning the Premier League in convincing fashion with a seven-point margin over Manchester City.
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Their Champions League campaign was also impressive, with Arsenal going unbeaten throughout the competition until the final, where they suffered their only defeat on penalties.
There is clear evidence of continued progress under Arteta, with the club now firmly established among Europe’s elite once again.
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