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'Best in the world': PSG retain Champions League title

Arsenal manager Mikel Arteta has lauded Paris Saint-Germain as the "best team in the world" after they beat his Gunners on penalties in a nerve-wracking final to become back-to-back Champions League winners.

It was a heart-breaking near-miss for Premier League champions Arsenal as defender Gabriel Magalhaes fired the last of his team's penalties over the bar to hand PSG a 4-3 shootout victory at the Puskas Arena in Budapest on Saturday.

The game was poised at 1-1 at the end of regulation time and extra-time, sending the game to spot-kicks.

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