Lola was a woman in the song.
She was glad that he was a man. Not as in Lola is also a man.
Yeah, every bit a "woman" as Caitlyn (Bruce) Jenner.
"Lola" is a song written by Ray Davies and performed by English rock band the Kinks on their album Lola Versus Powerman and the Moneygoround, Part One. The song details a romantic encounter between a young man and a possible transgender woman, whom he meets in a club in Soho, London. In the song, the narrator describes his confusion towards a person named Lola who "walked like a woman and talked like a man". Although Ray Davies claims that the incident was inspired by a true encounter experienced by the band's manager, alternate explanations for the song have been given by drummer Mick Avory. ..."
Ray Davies has claimed that he was inspired to write “Lola” after Kinks manager Robert Wace spent a night in Paris dancing with a transgender woman.[6] Davies said of the incident, “In his apartment, Robert had been dancing with this black woman, and he said, ‘I’m really onto a thing here.’ And it was okay until we left at six in the morning and then I said, ‘Have you seen the stubble?’ He said ‘Yeah’, but he was too pissed [intoxicated] to care, I think”.[7]
Drummer Mick Avory has offered an alternate explanation for the song’s lyrics, claiming that “Lola” was partially inspired by Avory’s frequenting of trans bars in west London.[8] Avory said, “We used to know this character called Michael McGrath. He used to hound the group a bit, because being called The Kinks did attract these sorts of people. He used to come down to Top of the Pops, and he was publicist for John Stephen’s shop in Carnaby Street. He used to have this place in Earl’s Court, and he used to invite me to all these drag queen acts and transsexual pubs. They were like secret clubs. And that’s where Ray [Davies] got the idea for ‘Lola’. When he was invited too, he wrote it while I was getting drunk”.[5]
Despite claims that the song was written about a supposed date between Ray Davies and Candy Darling, Davies has since claimed this rumour to be false, saying that the two only went out to dinner together and that he had known the whole time of Darling’s gender identity.[5]
In his autobiography, Dave Davies said that he came up with the music for what would become “Lola”, noting that brother Ray added the lyrics after hearing it.[9] In a 1990 interview, Dave Davies stated that “Lola” was written in a similar fashion to “You Really Got Me” in that the two worked on Ray’s basic skeleton of the song, saying that the song was more of a collaborative effort than many believed.[10]
Lola by The Kinks
Album: Lola 1970
This song is about a guy who meets a girl (Lola) in a club who takes him home and rocks his world. The twist comes when we find out that Lola is a man.
As stated in The Kinks: The Official Biography, Ray Davies wrote the lyrics after their manager got drunk at a club and started dancing with what he thought was a woman. Toward the end of the night, his stubble started showing, but their manager was too tanked to notice.
Said Davies: “’Lola’ was a love song, and the person they fall in love with is a transvestite. It’s not their fault - they didn’t know - but you know it’s not going to last. It was based on a story about my manager.”
Ray Davies revealed to Q magazine in a 2016 interview: “The song came out of an experience in a club in Paris. I was dancing with this beautiful blonde, then we went out into the daylight and I saw her stubble. “
He added; “So I drew on that but colored it in, made it more interesting lyrically.”
http://www.songfacts.com/detail.php?id=1158