I think Fame was either McLaren's or the band's management agency, so when he sings "I tell you it was all a frame, they only did it cos the fame!" it would suggest McLaren was the one behind it all, gaining publicity for the by having words with EMI to make them want to drop the band. Bearing in mind they were dropped after the Bill Grundy interview on Tonight, I'd have to hazard a guess that this is a dig at him (McLaren) for interferring, and also at the record company for believing some of the crap that was spread about the pistols.
I think Fame was either McLaren's or the band's management agency, so when he sings "I tell you it was all a frame, they only did it cos the fame!" it would suggest McLaren was the one behind it all, gaining publicity for the by having words with EMI to make them want to drop the band. Bearing in mind they were dropped after the Bill Grundy interview on Tonight, I'd have to hazard a guess that this is a dig at him (McLaren) for interferring, and also at the record company for believing some of the crap that was spread about the pistols.