Arsenal's bid to win the Champions League for the first time in their 140-year history ended in heartbreak after a penalty shootout defeat to Paris Saint-Germain.

Eberechi Eze and Gabriel both missed from the spot as PSG recorded a 4-3 shootout victory to retain their title after the game ended 1-1 as Kai Havertz's sixth-minute opener was cancelled out by Ousmane Dembele's second-half penalty.

PSG landed the first psychological blow of the penalty shootout when they won the coin toss with the shootout taking place in front of their supporters at the Puskas Arena in Budapest.

Eze dragged his spot-kick wide before David Raya provided Arsenal with a lifeline when he saved from Nuno Mendes.

With the shootout in the balance at 3-3, Lucas Beraldo sent Raya the wrong way before Gabriel blazed over and Arsenal's dreams of following up their Premier League title with a first Champions League triumph came to a crushing end.