It doesn't blow the myth though does it, really? Take one turd and polish it as it is. They took several and their process involved breaking it up then reforming it with water then rolling it about in the palms of their hands for several days to get a high gloss finish.
All that shows you is the same process as team building. Breaking it down into constituent parts, adding something to act as a cohesive bonding agent (their case water - pampered footballers need team spirit and simple direction) then it needs to be moulded into shape to look like the sum of the parts is greater than the individual elements (aka management).
Gary Speed is just looking at the shape of his prefered style of turd and rubbing it a little but not changing the formation much in the process. Result is - still a turd.