Some guy on either YouTube or one of the singing shows changed the lyric to, “Don’t have much money but, girl if I did”
Now, I never took the original as a gay line. I think it’s more like you might say, “Boy, it’s hot out here!” But, the guy changed the lyric and caught all kinds of hell for being “homophobic.”
Elton’s lyricist Bernie Taupin is not gay. Elton writes the music to the songs, but not the lyrics.