By ReutersPublished On 30 May 202630 May 2026Paris Saint-Germain held their nerve in a cagey Champions League final to retain the title by beating Arsenal 4-3 on penalties as Saturday’s nail-biting showdown ended 1-1 after extra time, cementing the French side’s status among Europe’s modern greats.Arsenal defender Gabriel blasted his spot kick over Matvey Safonov’s crossbar at the Puskas Arena in Budapest, his miss confirming PSG as the first club to retain the trophy since Real Madrid completed their three-year reign from 2016 to 2018.Recommended Stories list of 4 itemsend of listLong dismissed as glamorous underachievers despite vast resources, the Ligue 1 champions have now forged a dynasty under Luis Enrique, marrying attacking brilliance with resilience to establish themselves as the dominant force in European football.“It’s stronger than last year because we knew before the match just how difficult it would be to play against Arsenal,” said Enrique, whose side had thrashed Inter Milan 5-0 a year ago to claim Europe’s elite trophy for the first time.“As a club and a city, it’s incredible to win, and I think we deserved it over the course of the season. The final was a real battle,” added the Spanish coach.The outcome left Arsenal midfielder Declan Rice devastated but proud as his side finished their European campaign without losing a match, aside from the shootout defeat in the final.“It’s gutting. It’s devastating to lose a Champions League final on penalties,” he said. “But we try to take a lot of perspective from how far we’ve come as a group.“An incredible season. Given it absolutely everything up until this point. We took the game to penalties. It’s a lottery.” Advertisement Eleven days after celebrating their first Premier League title in 22 years, A …