The Westminster authorities ruled the word to be slang and therefore out of order, fearing it would offend Michael Martin, the strait-laced Commons Speaker.
McGough penned the 14-line tribute, which noted: "The city has something to celebrate.
European Capital of Culture, two thousand and eight.
"So it's off with the trackies and on with the Armanis. Out with the champagne and the caviar sarnies."
He had also planned to read his latest work, Reasons For Winning, about England's bid to take the World Cup but following their defeat thought better of it.
He added: "In light of what happened on Saturday, I didn't think it would be a good idea.
"I haven't written Reasons for Losing but it would just be: Sven, Sven, Sven, Sven."
McGough was educated at St Mary's College in Crosby and later taught at St Kevin's Comprehensive School in Kirkby and at the Liverpool College of Art.
Awarded a CBE this year, he is a regular presenter on BBC Radio Four's Poetry Please and has won numerous awards for his work.
He advised aspiring poets, writers and artists trying to follow in his footsteps to be persistent.
"If you want to do it, you will do it. Have self-belief, try lots of different things," he said.
"Liverpool has its own sense of identity. People are still envious of me coming from Liverpool, although it wasn't always like that."
Vice-chancellor Prof Drummond Bone said: "The scope of achievements of our honorary degree recipients is extraordinary. I am particularly pleased to welcome some of Liverpool's foremost contributors to the arts and culture in this, the Year of Performance."
News RSS Feed