Fleetwood Town striker Aaron Loupalo-Bi celebrates with teammates after scoring against Arsenal. Photo / Darren Staples, AFP

Arsenal suffered one of the most humiliating defeats in their history as the Premier League champions were beaten by fourth-tier minnows Fleetwood Town in a League Cup penalty shootout today.

Mikel Arteta’s side crashed out 5-3 on penalties in an incredible fourth-round upset after the tie finished 1-1 in normal