JAKARTA, July 29 - Iraq completed one of sport's great fairytales by beating Saudi Arabia 1-0 in the Asian Cup final on Sunday to provide a rare moment for celebration in their war-torn homeland.

The Iraq team celebrate after their win over Saudi Arabia in the final match at the 2007 AFC Asian Cup soccer tournament at the Gelora Bung Karno stadium in Jakarta July 29, 2007. [Reuters]

The Saudis had been bidding to become the first four-times winners of the tournament but Iraq, riding a wave of global sentiment, upset the hot-favourites for a rare slice of sporting glory.

Iraqi captain Younis Mahmoud scored the winner in the 71st minute when he climbed above the defence at the far post and headed a perfectly-weighted corner from Hawar Mulla Mohammed into the Saudi net.

When the final whistle sounded, the Iraq players collapsed to the ground in a mixture of shock and an unbridled emotion, kissing the turf and embracing each other after their country's finest sporting moment.

Saudi Arabia were outplayed by an Iraqi team riding high on a wave of national support.

The Iraqis created a string of chances, only to be denied by sloppy finishing and extraordinary saves from Saudi goalkeeper Yasser Al Mosailem.

Saudi Arabia had been the best attacking team in the tournament, scoring 12 goals on their way to the final, but could not find a way past the Iraqis, who had the best defence in the competition, conceding just two goals in six matches.

Few people had given Iraq any chance of winning the tournament after a haphazard preparation brought about by the war at home and facing opponents who were appearing in their sixth final in 23 years.

Iraq were forced to train and play their qualifiers in neutral countries and their coach, Brazilian coach Jorvan Vieira, who said he planned to quit after the match, only had two months to mould a team that included Shi'ite, Sunni and Kurdish players.

None of the Iraqi players have been untouched by the war and although they have tried to mask their grief, there were constant reminders of the sectarian violence at home.

At least three players in the squad have lost relatives in the past two months and all the players wore black armbands during the final in memory of the 50 people killed by suicide bombers after Wednesday's semi-final win over South Korea.

FIFA President Sepp Blatter, who was at the Gelora Bung National Stadium for the final, said Iraq's achievement had inspired millions and was proof of sport's unique power to unite people in the most desperate circumstances.