Arranges A team's reserves (4,5)
I believe the answer is:
sets aside
'reserves' is the definition.
('set aside' can be a synonym of 'reserve')
'arranges a team's' is the wordplay.
'arranges' becomes 'sets' ('set' can be a synonym of 'arrange').
'team' becomes 'side' (both can mean a sports team).
'sets'+'a'+'side'='SETS ASIDE'
(Another definition for sets aside that I've seen is " Places in reserve for now, like asses diet".)
I've seen this clue in The Independent.
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