Spain defeated Italy in the semi-final thanks to a hat-trick from Atletico Madrid midfielder Saul Niguez, but were unable to get the better of Germany, who edged out England on penalties in the last round despite the best efforts of Everton's new £30 million signing Jordan Pickford.
The three goals takes Saul to five goals for the tournament, ahead of Spain team-mate Marco Asensio who is also included in Goal's Team of the Tournament. Who else makes the cut?
JORDAN PICKFORD (England): The 23-year-old received many shocked comments when Everton made him the third most expensive goalkeeper ever on June 15, but he immediately showed why he was so highly regarded with a string of strong performances for the Three Lions. His penalty save helped England draw with Sweden in their opening game, while he also kept a clean sheet against Poland.
JEREMY TOLJAN (Germany): Toljan has already played over 50 Bundesliga games for Hoffenheim, and it is easy to see why the right-back is so highly rated. He turned down the chance to represent the United States senior side, and has become a key part of Germany's underage sides, following up his 2016 Olympics tournament with another string of impressive displays at this summer's U-21 Championship.
ALFIE MAWSON (England): The Swansea City defender was a commanding presence in the England back four, bringing his Premier League experience to Aidy Boothroyd's team. After being knocked out by Germany on penalties, Mawson revealed that he has ambitions on becoming the England senior team's captain, and his underage performance promise a great future.
JESUS VALLEJO (Spain): Vallejo spent last season on loan at Eintracht Frankfurt, and despite never playing a league game with parent club Real Madrid, he is highly rated at Santiago Bernabeu. He has excelled at centre-back during the tournament, helping Spain win all of their games in the group stage as well as a convincing semi-final victory over Italy.
YANNICK GERHARDT (Germany): Already a full international with Germany, the versatile Wolfsburg player lined out at left-back rather than in midfield during the tournament. He has been comfortable on the ball in defence, helping bring the ball forward and provided an extra option out wide.
SAUL NIGUEZ (Spain): A hat-trick in the semi-final against Italy has been his highlight, but the Atletico Madrid midfielder was also impressive in Spain's group games. Having already played for the Spain senior side and in a Champions League final, Saul is one of the most experienced players in the competition, and his ability shone through with goals against Macedonia and Portugal.
NATHANIEL CHALOBAH (England): Chalobah played 10 Premier League games for Chelsea last season, and his displays as the anchorman in the England Under-21 midfield have resulted in calls for him to get more opportunities in future. He was a key part in Boothroyd's approach, helping the Three Lions keep possession and build attacks.
FEDERICO BERNARDESCHI (Italy): Bernardeschi scored 11 goals last season and continued his excellent domestic form with his country as he bagged the only goal of the game against Germany to help Italy top Group C. Also scored a consolation goal in the semi-final as Saul inspired Spain to a 3-1 win.
SERGE GNABRY (Germany): One of Bayern Munich's summer signings, Gnabry proved doubters wrong with a stunning tournament for Germany. The former Arsenal winger scored in the opening game, but provided much more than goals as Die Mannschaft progressed to the final.
BRUMA (Portugal): Portugal were knocked out in the group stage, but ended up as the top scorers in Group C with seven goals. Bruma provided three of those despite coming off the bench in the clash with Spain. He was awarded a start against Macedonia, and rewarded his manager's faith with two goals.
MARCO ASENSIO (Spain): Having scored in the Champions League final for Real Madrid, Asensio is rightly regarded as one of the best young players in world football. He showed his class in Spain's opening game of the tournament, with a hat-trick in the 5-0 win over Macedonia.
Here's how they line up.