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@cliveo
Nice to see Arsenal among the European elite.
Clubs with the most appearances in the European Cup/Champions League without actually winning it:
Dynamo Kyiv: 27 appearances (semi-final in 1977, 1987 and 1999)
Olympiakos: 26 appearances (quarter-final in 1999)
Anderlecht: 25 appearances (semi-final in 1982 and 1986)
Rangers: 23 appearances (semi-final in 1960 and 1993*)
Galatasaray: 21 appearances (semi-final 1989)
Panathinaikos: 20 appearances (final 1971)
Arsenal: 19 appearances (final 2006)
CSKA Sofia: 19 appearances (semi-final in 1967, 1974 and 1982)
Rosenburg: 18 appearances (quarter-final 1997)
Sparta Prague: 17 appearances (semi-final 1992)
Austria Vienna: 16 appearances (semi-final 1979)