Spain were denied a Nations League title in Munich after Portugal edged a dramatic final on penalties following a 2-2 draw.
Held at the Allianz Arena in Munich, the final lived up to expectations with both teams trading goals in a tightly contested match.
Spain struck first in the 21st minute through Real Sociedad midfielder Martín Zubimendi, capitalising on an early period of sustained pressure.
Portugal responded quickly. Just five minutes later, Nuno Mendes levelled after a sharp assist from Pedro Neto, setting the tone for an intense first half.
With half-time approaching, Spain regained the lead. Mikel Oyarzabal finished well after a smart through ball from Pedri, sending Luis de la Fuente’s side into the break with a 2-1 advantage.
Second half
Cristiano Ronaldo brought Portugal level again on 62 minutes, converting with precision from the edge of the area. It was his 130th international goal and a reminder of his enduring quality on the big stage.
From then on, chances came and went. Spain introduced Lamine Yamal, who showed flashes of pace and technical brilliance, but neither side could find a winner in regulation time.
Extra time changes nothing
The extra 30 minutes offered drama but no goals. Both managers made changes—Portugal tightened defensively, while Spain looked to Yamal and Isco for inspiration.
Despite some dangerous runs and close-range efforts, the scoreboard stayed unchanged. A penalty shootout was inevitable.
Portugal flawless from the spot
Portugal went first in the shootout. Gonçalo Ramos, Vitinha, Bruno Fernandes, Nuno Mendes and Rúben Neves all converted.
Spain’s Merino, Baena, and Isco were successful, but Álvaro Morata saw his effort saved.
When Neves stepped up to take the final penalty, he slotted it past the keeper, sparking celebrations from the Portuguese bench and fans.
For Spain, the loss was a tough one, especially after controlling long periods of the match.
Pedri and Yamal show promise despite defeat
While Spain missed out on silverware, there were positives. Pedri once again showed why he is considered one of the top young midfielders in Europe. Yamal, just 17, continues to gain valuable experience on the international stage.
Portugal, meanwhile, claimed their second Nations League title, underlining their ability to combine experience with youth and composure under pressure.
Spain now look ahead to their Euro 2026 qualifiers, knowing this squad has the talent but still needs the finishing edge in key moments.