Ulvaeus and Andersson started writing "The Winner Takes It All" in the summer of 1979 in a cottage on the island of Viggsö. According to Andersson, the idea for the song suddenly came up "from old ideas, from old small musical pieces" they had. The demo had an original title of "The Story of My Life" and the first arrangement for the song was uptempo with a constant beat. However, they felt their first effort "much too stiff and metrical", so they left the song for a few days while they worked on other songs. Four days later they returned to the song, and Andersson came up with the idea of using a French
chanson-style arrangement with a descending piano line and a looser structure. Ulvaeus then recorded a demo using nonsense French words for lyrics, and took the recording home to write the lyric for "The Winner Takes It All". According to Ulvaeus, he drank whiskey while he was writing, and it was the quickest lyric he ever wrote. He said, "I was drunk, and the whole lyric came to me in a rush of emotion in one hour." Ulvaeus said that when he gave the lyrics to Fältskog to read, "a tear or two welled up in her eyes. Because the words really affected her." Ulvaeus denies the song is about his and Fältskog's divorce, saying the basis of the song "is the experience of a divorce, but it's fiction. 'Cause one thing I can say is that there wasn't a winner or a loser in our case. A lot of people think it's straight out of reality, but it's not." However, Ulvaeus admitted the heartache of their break-up inspired the song, but noted the words in the song should not be taken literally. American critic
Chuck Klosterman says "The Winner Takes It All" is "[the only] pop song that examines the self-aware guilt one feels when talking to a person who has humanely obliterated your heart", and finds Ulvaeus' denial hard to believe in light of the original title, which Klosterman reports was "The Story of My Life". The booklet for the double-CD compilation
The Definitive Collection states "The Winner Takes It All" is the song where Bjorn admits the sad experience of his and Agnetha's divorce the previous year left its mark on the lyric. ==Reception==