The 2025-26 UEFA Champions League is over. PSG are champions of Europe for the first time, beating Arsenal 4-3 on penalties at the Puskás Aréna in Budapest on Saturday, May 30, after a 1-1 draw across 90 minutes and extra time. This hub carries the full season retrospective: bracket, route to the final, final standings, and full-season stats.
Champions League 2025-26 bracket: final result
The full 2025-26 Champions League knockout bracket. PSG beat Arsenal 4-3 on penalties to lift the trophy at the Puskás Aréna in Budapest on May 30.
| Round of 16 winners | Quarter-finals | Semi-finals | Final |
|---|---|---|---|
| Arsenal Sporting CP | QF1: Arsenal 1-0 Sporting CP. Arsenal through. | SF2: Atlético Madrid 1-1 Arsenal (first leg); Arsenal 1-0 Atlético Madrid (second leg). Arsenal through 2-1 on aggregate. | Final: PSG 1-1 Arsenal (a.e.t.). PSG won 4-3 on penalties. |
| Atlético Madrid Barcelona | QF2: Atlético Madrid 3-2 Barcelona. Atlético through. | ||
| Bayern Munich Real Madrid | QF3: Bayern Munich 6-4 Real Madrid. Bayern through. | SF1: PSG 5-4 Bayern Munich (Parc des Princes, 28 April); Bayern Munich 1-1 PSG (Allianz Arena, 6 May). PSG through 6-5 on aggregate. | |
| PSG Liverpool | QF4: PSG 4-0 Liverpool. PSG through. |
Champions League 2025-26: how PSG were crowned
Arsenal led inside six minutes. Kai Havertz finished early to put Arteta’s side ahead at the break, the kind of start the run from a knockout playoff entry through to a Budapest final had been built on. PSG levelled in the 65th minute through an Ousmane Dembélé penalty, and extra time produced no further goal. The shootout went the way of fine margins: PSG converted four of their five, Arsenal three of theirs, and Luis Enrique’s side lifted the European Cup for the first time in the club’s history.
For the full breakdown of the season-long winner market, the final odds movement, and analysis of the routes to Budapest, see our Champions League winner odds 2025-26 retrospective. The 2026-27 competition begins with the new league-phase draw in late August; the hub will carry the bracket once the draw is made.
Champions League Fixtures & Results
Champions League Standings
Champions League 2025-26 Format Explained
The 2025-26 UEFA Champions League used the 36-team league phase introduced for the 2024-25 season. Each side played eight league-phase matches against eight different opponents, four at home and four away. The top eight teams in the single league table went straight to the round of 16. Teams ranked 9th to 24th entered a two-legged knockout playoff round in February to claim the remaining eight R16 spots. Teams ranked 25th to 36th were eliminated. From the round of 16 onwards, the competition ran as a conventional two-legged knockout through to the one-off final in Budapest.
Champions League 2025-26 FAQs
Who won the Champions League 2026?
PSG won the 2025-26 UEFA Champions League, beating Arsenal 4-3 on penalties at the Puskás Aréna in Budapest on Saturday, May 30, 2026, after a 1-1 draw across 90 minutes and extra time. It is PSG’s first European Cup.
What was the score in the Champions League final?
PSG 1-1 Arsenal after extra time. Kai Havertz put Arsenal ahead in the sixth minute; Ousmane Dembélé equalised from the penalty spot in the 65th. PSG won 4-3 on penalties to lift the trophy.
Where can I watch the Champions League in the US?
Paramount+ is the primary US home of UEFA Champions League coverage, with select matches also airing on CBS. Knockout-round matches stream on Paramount+ in English, with Spanish-language coverage available on TUDN.
How does the new Champions League format work?
The 36-team league phase replaces the old eight-group structure. Each team plays eight matches against eight different opponents in a single league. The top eight advance directly to the round of 16. Teams ranked 9th to 24th play a knockout playoff for the other eight R16 spots. Teams ranked 25th to 36th are eliminated. The knockouts then run as a conventional two-legged bracket through to the final.
Who has won the most Champions Leagues?
Real Madrid are the most successful side in the competition’s history with 15 European Cup and Champions League titles. AC Milan are second with seven. Liverpool and Bayern Munich are tied next on six apiece; PSG join the roll of honour for the first time in 2025-26.
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