This was Ottmar Hitzfeld's second Champions League title after he won it with Borussia Dortmund in 1997, making him the second coach in European Cup history, after Ernst Happel, to win the competition with two clubs.
Bayern were awarded another penalty early in the second half, this time after Amedeo Carboni handled the ball while competing for a header with Carsten Jancker.
[4] Again, Valencia took the lead early on as Paulo Sérgio put the first kick of the shoot-out over the bar before Mendieta sent Oliver Kahn the wrong way.
The next kick from Patrik Andersson was also saved by Cañizares, and then Kahn stretched out a hand to tip Amedeo Carboni's shot onto the crossbar.
[4] Kahn also won the UEFA Fair Play Award for consoling his heartbroken rival, Valencia's Santiago Cañizares after the penalty shoot-out.