Olympiacos had the Euroleague trophy in his hands, but with 3.1 seconds left, Sergio Jules' two-pointer gave Real Madrid the lead.
Kostas Sloukas subsequent shot missed the mark as the Spanish team took the 79-78 victory and the 11th European title in their history!
The 'reds', who were in control throughout the game, saw the Spaniards hit two big shots in the last 45 seconds with Sergi Rodriguez from three-point range, bringing the difference to -1 and Sergio Jules sealing the win.
