Ranking of teams that did not win the Champions League but played the most: Arsenal ranked first in 211 games, Paris ranked fourth in 167 games
Not long ago, WhoScored listed the clubs that did not win the Champions League but participated the most games, and Paris, which is expected to win the first championship, ranked fourth.
The team that participated the most games in the Champions League but never won the championship:
Arsenal 211 games
Dynamo Kiev 185 games
Atletico Madrid 176 games
Paris Saint-Germain 167 games