Arsenal 2 (4) – Milan 1 (3)
Scorers: Ødegaard 21′, Nelson 41′; Tomori 77′
The Premier League leaders took the lead after 21 minutes through Martin Ødegaard when he curled a free-kick beyond Ciprian Tătărușanu in the Rossoneri goal.
That came after Divock Origi had struck the crossbar for the Italian champions, who then found themselves further behind shortly before half-time.
Reiss Nelson has impressed of late for Arsenal and did so again with a calm finish from the centre of the area, which was aided by a big deflection.
Milan pulled one back on 77 minutes when Fikayo Tomori was given too much room in the area to head in captain Sandro Tonali’s delivery from the left.
However, they couldn’t find an equaliser which ensured Arsenal would win the trophy before the contest reached penalties, with a bonus point up for grabs.
And Arsenal claimed it to ensure they finished the tournament with eight points from eight – Karl Hein again proving the penalty hero as he saved from Brahim Díaz, with Rade Krunić slicing wide with Milan’s fifth penalty to condemn them to defeat.
PENALTY SHOOTOUT (Arsenal win 4-3):
- Cédric (scored); Bennacer (scored)
- Gabriel (scored); Díaz (saved)
- Marquinhos (scored); Tonali (scored)
- Elneny (scored); Lazetić (scored)
- Smith (saved); Krunić (missed)