Steven Gerrard gives honest verdict on Arsenal's chances in Champions League final vs Paris Saint-Germain

Steven Gerrard admits Arsenal will be considered 'underdogs' when they face Paris Saint-Germain in the Champions League final next month.

Mikel Arteta's side booked their place in the final with a 2-1 aggregate win over Atletico Madrid on Tuesday night, while holders PSG defeated Bayern Munich with a 6-5 victory across two legs.

The Ligue 1 side earned lavish praise for their immense attacking threat during the 5-4 first leg victory last week and showed another side to their game as they held on for a 1-1 draw in Munich in midweek.

PSG also head into the game with the confidence of winning the competition last year, while Arsenal have only won one FA Cup title under Arteta since he was appointed in December 2019.

Gerrard gives honest verdict on Champions League final

Speaking after PSG booked their place in the Champions League final, Liverpool legend Gerrard admitted the French side were firm favourites to win the trophy, but claimed the underdog tag could be perfect for Arsenal going into the match.

"Everyone expects PSG to maybe win it," said Gerrard. "If you look at tonight's performance, you look at them winning it last year, the players they've got, you would have to say that the bookies will probably make PSG favourites.

"Obviously Arsenal have had the easier ride [to the final] if you like, but that's going to be some final at the end of the month, one for us all to look forward to, two different styles. Both deserve to be there, you have to say that.

"It's a possibility [that Arsenal win] but they're going to have to have a bit of luck. They're going to have to have things go their way on the night because this PSG team, they're just so good everywhere.

"They're a team that's got very few weaknesses. I actually thought their keeper [Matvey Safonov] going into tonight could be a little bit of an opportunity for Bayern to try and exploit, but his performance tonight was superb.

"Across the board, they were phenomenal. So Arsenal are going to have to be perfect on the night to get it done."

Arsenal could yet win the Premier League title before they play in the Champions League final and the last few weeks of the domestic season could heavily influence how confident they go into the match.

Gerrard added: "I think they'll be the underdogs, which might suit them. If they can win the Premier League, it'll give them immense belief and confidence going in. I think they have to use the physicality, the size they have, to make every set piece count.

"They have to take PSG where they don't want to go and make it uncomfortable for them. But they've certainly got a chance.

"I think sometimes in big games, it helps if you're the hunter, if there's a little bit less pressure, less expectation on you. I think that might just help Arsenal.

"But Mikel Arteta is going to have to get a game plan and a blueprint to try and win a game against that level of team we've just watched."