The song describes a homosexual encounter between a young boy (who is telling the story) and his rap music idol after a concert. The idol is never named, but references in the lyrics to Dr. Dre and homophobia in rap music make it possible to identify him as rapper Eminem. The most obvious reference is when the rapper clearly refers to Eminem's own song "Stan":
Tennant wrote the song after hearing Eminem defending his often homophobic lyrics saying he was representing other people's opinions, such as homophobia in society or rap music. Tennant saw a double meaning in this, and also took it to mean that there are gay rap stars. Eminem has not publicly commented on the song, although Dr. Dre said he was amused by hearing it, and that there might be a backlash.
Eminem responded to the track in his song "Canibitch", in which Eminem and Dr. Dre run over the Pet Shop Boys with their car: