With neither side able to find a winner in regulation time, the match went into a shootout, where Chile emerged victorious, winning the contest 3-1.
English Premier League champions Manchester City beat FA Cup winners Manchester United 7-6 on penalties to win the Community Shield.
Women's HIL: Odisha Warriors beat Soorma Hockey Club in shootout
Indian men beat Argentina 5-4 in shootout of FIH Pro League
Netherlands coach Louis van Gaal hailed the efforts of his squad in fighting back from two goals down to force their World Cup quarter-final against Argentina into a penalty shootout even though their ultimate exit proved to be painful.
'Sadness at the start is joy at the end. That's what football is. Moments, inexplicable moments. I feel sad and happy at the same time.'
Two men face each other, knowing that a single kick is about to decide their teams' fate as more than 700 million viewers watch: it must be a World Cup penalty shootout.
The Indian men's football team got the better of Oman 3-2 on penalties to finish third in the CAFA Nations Cup in Hisor, Tajikistan, on Monday.
After the match ended in a 2-2 stalemate in regulation time, strikers Gurjot Singh, Manmeet Singh, and Sourabh Anand Kushwaha converted their penalties in the tense shootout, while Bikramjit made three outstanding saves to secure victory against New Zealand.
Joshua Zirkzee scored the winning penalty for 10-man Manchester United against Arsenal after their hectic FA Cup third round tie finished 1-1 after extra time.
Mahendra Singh Dhoni graced the FIH Women's Olympic Qualifiers semifinal between India and Germany in Ranchi.
Jacob Anderson scored the fastest goal in the Hockey India League history, but it went in vain as the Hyderabad Toofans lost to Team Gonasika in the shootout.
Manchester United plumbed new depths as fourth-tier Grimsby Town knocked them out of the League Cup 12-11 on penalties after a 2-2 draw.
Welbeck extra-time winner sends Brighton into quarters
India lose to Iraq in penalty shootout, face Lebanon in bronze medal playoff.
Arsenal beat Manchester City 4-1 in a penalty shootout to win the Community Shield on Sunday
Celtic clinched a 13th Scottish Premiership title in 14 seasons after Saturday's 5-0 victory at Dundee United gave Brendan Rodgers's side an unassailable lead with four games to spare.
The Indians eventually lost the semi-final 0-3 in the shootout after both teams were tied 1-1 at the end of regulation time as the crowd booed the technical officials for the decision.
India lost 2-4 against the Netherlands in shootout after their return leg FIH Pro League match ended in a 1-1 draw in Rourkela on Wednesday.
A day after upsetting world No.3 Australia, India women once again played an entertaining and fast-paced brand of hockey to defeat the United States 2-1 via shootout in an FIH Pro League match in Rourkela on Sunday.
Liverpool won an absorbing English FA Cup final on Saturday as they prevailed 6-5 in a penalty shootout after the Wembley showpiece somehow ended 0-0 after extra time.
Germany's players hailed their first victory against Italy in a major tournament as an exceptional moment in their history as they reached the Euro 2016 semi-finals by beating their old rivals 6-5 on penalties.
Arsenal squeezed past Liverpool 5-4 on penalties to advance to the League Cup quarter-finals on Thursday after a goalless 90 minutes.
Atletico Madrid needed a penalty shootout to edge past Inter Milan and reach the Champions league quarter-finals after a dramatic last-16 clash ended 2-2 on aggregate on Wednesday.
James Rodriguez scored one goal and set up two more as Colombia thoroughly dismantled Panama in a 5-0 win at the State Farm Stadium in Glendale, Arizona, on Saturday to march into the Copa America semi-finals.
A summary of Wednesday's Champions League Round of 16, Second Leg, matches.
Jubilant Ukraine reach Euro 2024 finals with Iceland win
Manchester City's stellar season gathered yet more momentum as the runaway English Premier League leaders reached the League Cup semi-finals with a penalty shootout victory at Leicester City.
Frank Lampard began to think there was no way back for Chelsea in the Champions League final as the minutes ticked down with Bayern Munich leading 1-0, but when the match went to a penalty shootout he had no doubts the trophy was coming to London.
Real Madrid beat holders Manchester City in an edge-of-your-seat 4-3 shootout victory to reach the semi-finals of the Champions League.
Didier Deschamps of France and Argentina's Lionel Scaloni should avoid the temptation to throw on a 'penalty specialist'
Belgium defeated Argentina 3-2 in the penalty shootout to enter the final of the Champions Challenge I hockey tournament after the scores were level at 2-2 in regulation period and extra-time in Johannesburg on Saturday.
Argentina beat Ecuador 4-2 on penalties to move into the semi-finals of the Copa America on Thursday after goalkeeper Emi Martinez made two saves for the reigning champions in the shoot-out following a 1-1 draw in regulation time.
The Netherlands survived a major scare to beat China 3-1 in a penalty shootout following a 1-1 draw in regulation to retain their women's title at the Paris Olympics on Friday, giving the Dutch the hockey double after Thursday's men's triumph.
IMAGES from the FIFA World Cup quarter-final played between Argentina and The Netherlands on Friday.
Substitute Jorgen Strand Larsen scored twice in two minutes as Wolverhampton Wanderers beat fellow Premier League strugglers West Ham United 3-2 to reach the third round of the League Cup on Tuesday.
Pro League: India women suffer second straight loss to Belgium
England striker Michael Owen has questioned the value of practising penalties, saying spot-kick shootouts were more nerve-racking than anything else in the game.
The consequences of failure are nowhere more devastating than at a World Cup, where two previous finals and five semi-finals have been decided by the gut-wrenching lottery of penalties.