Fancy man compared (7)
I believe the answer is:
likened
'compared' is the definition.
('liken' can be a synonym of 'compare')
'fancy man' is the wordplay.
'fancy' becomes 'like' (both can mean to find someone attractive).
'man' becomes 'ned' (man's name).
'like'+'ned'='LIKENED'
(Other definitions for likened that I've seen before include "Equated" , "Resembled" , "Pointed out resemblance or compared" .)