Penalty Heartbreak: The best sides to lose by penalties in the European Championships

Netherlands (Euro 1992)

Denmark would defeat one of the most gifted Dutch sides of all time in a shootout in 1992.

The Netherlands find themselves on this list again, unfortunately.

Imagine Frank De Boer and Ronald Koeman in defense, Frank Rijkaard, and Ruud Gullit, the Milan legends, in midfield and Marco Van Basten, one of the best center forwards to ever grace the game up front. That was the core of the Netherlands team that started the European Championships as one of the favourites. A convincing 3-1 win against the World Champions Germany in the group stages did their status no harm and they started the semi-finals against Denmark as strong favourites.

Marco Van Basten would miss his penalty, though, as the Danes converted all five and their fairytale European Championship winning run would not be denied.