Arsenal's dream of lifting a first UEFA Champions League trophy has been shattered once more — this time by holders Paris Saint-Germain, who defended their title with a 4-3 penalty shootout victory in Saturday's final in Budapest, Hungary.

The two sides could not be separated after 90 minutes, with the match ending 1-1 at full time. When the shootout came, PSG held their nerve to see off the Gunners and retain the continent's most coveted club prize.

For Arsenal, it is another chapter of Champions League heartbreak. The north London club have never won the competition in their history, and Saturday's final in Budapest only adds to that painful wait.

PSG, meanwhile, become back-to-back European champions — a feat that underlines the French club's growing status as one of the continent's dominant forces.