He is in no debt now that glory has been achieved. The champion would feel as if his dues to his team and the nation are paid. In the first verse of “We Are The Champions,” Freddie Mercury draws a picture of the thought process of a champion. Lyrics Review and Song Meaning of “We Are The Champions” Verse 1 The official music video for this track was recorded at a special performance session for fan club members at the New London Theatre Centre on October 6, 1997. Download “We Are The Champions” Single on iTunes and AmazonĪnother interesting fact about “We Are The Champions” is that a scientific study conducted revealed that this is the ‘ catchiest song in the history of pop music.’ So it is not a myth that this song has a massive fan base.