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Real Madrid are the kings of Europe for a record 11th time after they beat Atletico Madrid 5-3 on penalties in the San Siro, Milan.
In a penalty shoot-out where neither goalkeeper looked like saving any spot-kicks, Juanfran hit Atleti's fourth penalty against the post to give Cristiano Ronaldo the opportunity to win the trophy for Los Blancos and the former Manchester United man blasted home past Jan Oblak.
Sergio Ramos' close range finish - television replays showed the defender was offside - put Zinedine Zidane's side ahead in a first half they dominated before Atletico striker Antoine Griezmann blasted a penalty off the crossbar after the restart.
Substitute Yannick Carrasco finally made Diego Simeone's side's second half dominance tell when he fired home from inside the six yard box.
However, Atletico failed to go for the jugular in extra time and will rue not making the most of their opponent's poor display, a decent first 45 minutes aside.
This was a second heartbreak dished out by Los Blancos to their city rivals in the space of third years on European football's grandest stage, Atletico having led the 2014 final courtesy of Diego Godin's header until Sergio Ramos headed home an equaliser in the fourth minute of stoppage time, Real winning 4-1 after extra time.
As a spectacle the game left a lot to be desired, Atletico failing to impose their high tempo, rapid counter-attacking game for much of the game while Real, with Gareth Bale and Ronaldo in particular failing to shine on the night.
Fernando Torres meanwhile was desperately poor and did not take a penalty in the shoot-out; the forward could have counted himself lucky not to have been replaced much earlier in the game after a lifeless display.
Zidane, a Champions League winner with Real as a player in 2002 when he scored a brilliant winning goal, replaced Rafael Benitez as manager at the Bernabeu in January, with Real well off the pace in La Liga and having suffered 4-0 hammering by Barcelona earlier in the season.
The 43-year-old however, rallied his team and they embarked on a superb run of form to only finish a point behind the Catalans, Barca clinching the title with a final-day win.
The Frenchman finishes a great first campaign - or part thereof - as the seventh different manager to win a European Cup for Real; for Atletico a season which promised so much, ultimately failed to deliver anything in terms of silverware.
In truth, the game won't live long in the memory, short on quality, low in sportsmanship and not befitting of European football's showpiece occasion.
But Real won't care as the record books will just state they have won yet another European Cup, four titles clear of next best, AC Milan.