Words of daring, say, embraced by champions (4,4)
I believe the answer is:
here goes
'words of daring say embraced by champions' is the definition.
I can't judge whether this definition defines the answer.
'say embraced by champions' is the wordplay.
'say' becomes 'eg' (both can mean 'for example').
'embraced by' is an insertion indicator.
'champions' becomes 'heroes' ('hero' can be a synonym of 'champion').
'eg' going into 'heroes' is 'HERE GOES!'.
Can you help me to learn more?
(Other definitions for here goes that I've seen before include "Words spoken before start of rash action?" , "Let's begin!" , "I'm about to begin - ready, steady . . . . . . . ." , "I'm starting" , "I'm about to start" .)