PSG players celebrate after penalty shootout at the end of the Champions League final soccer match between Paris Saint-Germain and Arsenal in Budapest, Hungary, Saturday, May 30, 2026. (AP Photo/Denes Erdos)
(AP Photo/Denes Erdos)
BUDAPEST, Hungary — Paris Saint-Germain won back-to-back Champions League trophies by beating Arsenal on penalties in a dramatic final in Puskas Arena on Saturday.
Arsenal defender Gabriel Magalhaes fired the last of his team's penalties over the bar to hand PSG a 4-3 shootout victory.
The game was 1-1 at the end of regulation time and extra time, sending the game to spot kicks.
Arsenal led after six minutes when Kai Havertz broke away and blasted past PSG goalkeeper Matvey Safonov. But the defending champion dominated possession and Ousmane Dembélé leveled from the penalty spot in the 65th to take the final to extra time for the first time in 10 years.
Eberechi Eze also missed an earlier spot kick, but David Raya saved from Nuno Mendes to let Arsenal stay level.
Lucas Beraldo scored the last of PSG's spot kicks, meaning Gabriel had to convert to take it to sudden death. But he blasted high over the bar to spark celebrations from PSG players and fans inside Puskas Arena.
Arsenal's Gabriel Magalhaes shoots over the bar during a penalty shootout after extra time during the Champions League final soccer match between Paris Saint-Germain and Arsenal in Budapest, Hungary, Saturday, May 30, 2026. (AP Photo/Petr Josek)
(AP Photo/Petr Josek)
PSG fans celebrate after PSG's Ousmane Dembele scoring his side's opening goal during the Champions League final soccer match between Paris Saint-Germain and Arsenal in Budapest, Hungary, Saturday, May 30, 2026. (AP Photo/Vadim Ghirda)
(AP Photo/Vadim Ghirda)
PSG's Ousmane Dembele celebrates after scoring from a penalty kick during the Champions League final soccer match between Paris Saint-Germain and Arsenal in Budapest, Hungary, Saturday, May 30, 2026. AP Photo/Armin Durgut)
PSG's Ousmane Dembele celebrates after scoring from a penalty kick during the Champions League final soccer match between Paris Saint-Germain and Arsenal in Budapest, Hungary, Saturday, May 30, 2026. AP Photo/Armin Durgut)
Arsenal's Kai Havertz celebrates after scoring during the Champions League final soccer match between Paris Saint-Germain and Arsenal in Budapest, Hungary, Saturday, May 30, 2026. AP Photo/Armin Durgut)
Arsenal's Kai Havertz celebrates after scoring during the Champions League final soccer match between Paris Saint-Germain and Arsenal in Budapest, Hungary, Saturday, May 30, 2026. AP Photo/Armin Durgut)