Jonathan Wilson for The Guardian:
After 99 years, it came down to Alexis Sánchez against Sergio Romero from 12 yards. The Arsenal forward attempted a Panenka, scuffed it badly, and scored anyway as the goalkeeper dived to his left. Misses from Gonzalo Higuaín and Éver Banega in the shootout proved decisive and, finally, Chile, one of the four participants at the inaugural Copa América, had a first international trophy. For Argentina the drought goes on: 22 years since their last trophy and an increasing sense that this gifted generation of players will remain unfulfilled.
Alexis Sánchez’s penalty secured the win after an intense scoreless game. There was not much in it, but I felt Chile were deserved winners after 120 minutes.