WWF One Night Only took place on September 20, 1997 at the NEC Arena in Birmingham, England. The event featured eight matches, with two main events. In the first main event, The Undertaker challenged Bret Hart for the WWF Championship in a rematch from the previous month's SummerSlam event, where the Undertaker had lost the title in controversial circumstances. To close the show, Shawn Michaels challenged The British Bulldog for the WWF European Championship, as part of his ongoing feud with The Hart Foundation.

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