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For historical context, the event took place just after Euro 96 and on the cusp of New Labour's election victory. After "years of bleakness", as Noel puts it, Britain - boasting Oasis, Kate Moss, Prince Naseem Hamed, Damien Hirst and Trainspotting- was once again cool. Oasis themselves hadn't yet been paid in full for their best-selling second album, he noted, and so Knebworth marked the last time they were ever remotely close to their adoring fans again in terms of lifestyle and wealth.