Aubameyang missed a sitter to win the game at the death
CLOSE BUT NO CIGAR
Pierre-Emerick Aubameyang really should have won it with seconds left for the Gunners.
But that's it. They are out!
Olympiacos celebrate wildly in North London – what a result for those travelling Greek fans.
The Europa League dream is over for Arsenal and the pressure will continue to mount on Mikel Arteta.
GOAL!!! NOT FOR ARSENAL…
Arsenal 1-2 Olympiacos (2-2).
Olympiacos are going through on away goals as it stands after an incredible late goal from El-Arabi.
A stunned Emirates watches on.
Is there any way back?!
Arsenal 1-1 Olympiacos (2-1)
It's the skipper. Pierre-Emerick Aubameyang.
It looks like he's avoided penalties for the Gunners and broken Greek hearts with a stunning bicycle kick.
What a goal!
GOOD MORNING, ARSENAL FANS
Well, it was heartbreak at the Emirates.
Arsenal went into the second-leg against Olympiacos with a one goal advantage from Greece.
But the Gunners blew it away.
After Pape Abou Cisse put Olympiacos 1-0 up in the game and level in the tie, it went to extra-time.
Skipper Pierre-Emerick Aubameyang thought he had netted a dramatic equaliser 113th minute with bicycle kick that spectacularly hit the net.
But Olympiacos shattered hearts with just a minute to go after Youssef El-Arabi latched onto a cross and put the away side 2-1 up and on route to a shock win.
There was room for late drama, though.
As a ball was lumped into the Olympiacos box it fell to Aubameyang who somehow from just yards out put his effort wide – and that was all she wrote.
The Gunners skipper was left in tears as Arsenal lost for the first time in 2020 and were knocked out of the Europa League.