Arsenal parade Premier League title after Champions League final penalty heartbreak against PSG

Thousands of Arsenal supporters filled the streets around the Emirates Stadium on Sunday as the club held a Premier League title parade, one day after losing the Champions League final to Paris Saint-Germain on penalties in Budapest.

Gabriel Magalhaes missed the decisive spot-kick as PSG won the shootout 4-3 following a goalless period of extra time, handing the French side back-to-back European crowns. The defeat left Mikel Arteta’s squad to process a painful near-miss before turning to a celebration that carried an unmistakable undercurrent of what might have been.

Arteta, speaking ahead of the parade, said Arsenal would use the final defeat as “fuel” for the future — a framing that acknowledged both the scale of the occasion and the distance the club still needs to travel to reach the summit of European football.

The Premier League triumph itself represents a landmark moment for the club, ending a 22-year wait for domestic success. Co-chair Josh Kroenke used the occasion to confirm that Arsenal are pressing ahead with renovation plans for the Emirates Stadium, which opened in 2006 and has begun to feel dated against newer developments in stadium design.

The Kroenke family, who have faced sustained criticism from sections of the Arsenal fanbase over their years of ownership, find themselves in a markedly different position following a season that delivered a league title and a first Champions League final appearance in the club’s history.

For all the celebration, the Budapest defeat will linger. With a couple of penalties landing differently, it could have been Martin Odegaard and Declan Rice celebrating a European crown rather than Ousmane Dembele and Khvicha Kvaratskhelia. Instead, PSG claimed the trophy and Arsenal are left to reflect on a campaign that showed both how far they have come and how much further they intend to go.