The Bayern legend rues his team's wastefulness in front of goal as they missed a host of chances but acknowledges that the Blues should not be blamed for their defensive approach
The Bavarians created numerous chances in the initial 90 minutes and in extra time but failed to add to Thomas Muller's opener, which was cancelled out by Didier Drogba. Mario Gomez missed a handful of opportunities for his team while Arjen Robben saw his penalty in extra time saved by Petr Cech, forcing the game into a penalty shootout.
Roberto Di Matteo's side prevailed on spot-kicks to claim the trophy despite having less possession and chances, but Beckenbauer questioned some of the media reaction to the Blues' defensive approach to the game.
"Why are the English to blame when Bayern are not able to convert their dominance?" he said after the final whistle.
"Luck was on Chelsea's side this time and that is why they are deserved Champions League winners. Nonetheless, Bayern was the better team for most parts of the game."
The victory marks a successful month for interim manager Di Matteo and his men, after they were crowned FA Cup winners at the beginning of May when they beat Liverpool 2-1.
Bayern meanwhile, have tasted cup final defeat twice in the space of a week, as this loss comes hot on the heels of their 5-2 trouncing at the hands of their domestic rivals Borussia Dortmund in the DFB-Pokal final last weekend.