The event was held at the Sheffield Arena, an indoor sports venue in Sheffield, England. It was attended by 10,000 Labour Party members, including the entire shadow cabinet, and is reported to have cost some £100,000 to stage. The party leader, Neil Kinnock, was even flown into the city by helicopter.
The rally was modelled somewhat on United States presidential campaign conventions, with musical performances on the stage and celebrity endorsements played on a large video screen. It is believed to have been the brainchild of Philip Gould: a political strategist who was also involved in the election campaigns of Bill Clinton.
The event was seen as a success by many of those present, but was not so well received outside the venue.
At one point in the proceedings, Kinnock and the shadow cabinet paraded to the stage from the back of the venue, passing through an increasingly enthusiastic audience. News bulletins concentrated on this section of the rally, with an emotional Kinnock taking the podium and shouting "We're Alright! We're Alright!"
Ahead of the event, Labour was polling a decisive lead over The Conservative Party, but this was dramatically reduced the following day, with Gallup even placing the Conservatives ahead of Labour. This fall in the opinion polls was largely blamed on the rally, which many considered brash, over-American, triumphalist and self-congratulatory.