Founded in 1970, the Parisians won their first major honour, the French Cup, in 1982 and their first Ligue 1 title in 1986. The 1990s was among the most successful periods in PSG's history; they claimed a second league, three French Cups, two French League Cups, two French Super Cups and the UEFA Cup Winners' Cup in 1996. After suffering a decline in fortunes during the 2000s, the Red and Blues have enjoyed a revival since 2011 with increased financial backing, achieving unparalleled dominance in domestic competitions, winning seven league titles and twenty national cups. PSG have also become a regular feature in the UEFA Champions League, reaching their first final in 2020.