Arsenal successfully defended their Emirates Cup with a 5-4 penalty-shootout win over Monaco after a 1-1 draw in normal time.
Youssouf Fofana's 31st minute strike put the Ligue 1 side in front before Eddie Nketiah cancelled out the lead two minutes before half-time.
Both sides could not be separated in an entertaining second half despite the myriad of chances.
This led to a winner-takes-all penalty shootout, which saw Gunners goalkeeper Aaron Ramsdale become the hero.
Six penalties from both sides were perfectly converted before substitute Takumi Minamino failed to find the back of the net.
The ex-Liverpool man went for power down the middle but Ramsdale stood firm and stuck a strong hand into the air to repel his driven spot-kick.
The chance to slot home the cup-clinching penalty fell to another substitute Gabriel Magalhaes and the Brazilian slotted a low finish into Monaco goalkeeper Philipp Köhn's left-hand corner to give the Gunners victory.
Arsenal now have four days to recover to take on Manchester City in the Community Shield on Sunday, before they begin their Premier League campaign at home to Nottingham Forest on August 12.