Paris Saint-Germain claimed back-to-back Champions League titles with a 4-3 penalty shootout victory over Arsenal after a 1-1 draw through extra time in Budapest.

Kai Havertz put Arsenal ahead after just six minutes. Ousmane Dembele equalized from the penalty spot in the second half. In the shootout, Eberechi Eze fired wide and Gabriel Magalhaes smashed his penalty over the bar, securing the win for PSG.

Luis Enrique's side became the second team after Real Madrid to win consecutive Champions Leagues in the modern era. It is Enrique's third Champions League title, placing him among only five coaches to achieve that feat.

Arsenal, Premier League champions, fell in their second Champions League final, 20 years after their first loss to Barcelona.