Club in which Daft Punk record initially broke (8)
I believe the answer is:
bankrupt
'broke' is the definition.
(thesaurus)
'club in which daft punk record initially' is the wordplay.
'club' becomes 'bat' (bat is a kind of club).
'in which' means one lot of letters goes inside another.
'daft' indicates anagramming the letters.
'initially' says to take the initial letters.
The first letter of 'record' is 'r'.
'punk'+'r'='punkr'
'punkr' anagrammed gives 'nkrup'.
'bat' placed around 'nkrup' is 'BANKRUPT'.
(Other definitions for bankrupt that I've seen before include "With no redeeming qualities" , "Smashed old < bust" , "Skint" , "Gone bust in business" , "on one's uppers" .)