The quote is from a track by the Pet Shop Boys, whereby the narrator imagines an argument with a friend/partner. The friend/partner is enthused by a contemporanous quote from Richard Ashcroft of the Verve, whereby Ashcroft was quoted in an interview. The narrator is sceptical and ironic, as most narrative voices in the PSB's ouvre tend to be.
For me, listening to and rediscovering bands like the Verve, the Stone Roses, and I suppose also, the likes of Led Zeppelin and Queen and the Who - the big operatic voice, the stadium filling bands - and recalling an interview with Bono from circa '99 or so, I wonder, why didn't anyone else grasp the mettle? 'Cos it was there for the taking circa 99/00 or so.