Lyric discussion by DrStatham 

I think this is probably a tongue in cheek response to the rumours about him and Morrissey rather than evidence that anything happened.

Tom Doyle says in 'The Glamour Chase': 'In the early 80s Billy had forged a fleeting friendship with Morrissey, which had allegedly ended with Mackenzie stealing a Jane Stein novel and a favourite shirt from the singer's Manchester flat. The music industry rumours that the two had enjoyed a brief affair were fuelled by the release of the Smiths' sixth single, 'William, It Was Really Nothing', in September 1984.'

The only reference to Billy in Morrissey's autobiography is this: 'The door bell rings and there stands singer Billy Mackenzie, whom I've never met, asking if he can come inside to sit by my window.'

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