Defending champions Paris Saint-Germain beat Arsenal 4-3 on penalties to win their second consecutive Champions League title after a 1-1 draw in a tense final in Budapest on Saturday.

Paris Saint-Germain won back-to-back Champions League titles by beating Arsenal on penalties in a dramatic final at the Puskas Arena in Budapest 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. Read morePSG hold on to Champions League title after dramatic shootout win over Arsenal Arsenal opened the score after six minutes when Kai Havertz broke away and blasted past PSG goalkeeper Matvey Safonov. The defending champions dominated possession but struggled against a superb Arsenal defence, until Ousmane Dembélé levelled 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. This story will be updated soon.