Crossword Genius

Club with a possibly lofty purpose (4)

Ross

I believe the answer is:

iron

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'club' is the definition.
(type of golf club)

I don't understand how the rest of the clue works.

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(Other definitions for iron that I've seen before include "Club to smooth the cloth" , "Press clothes" , "uncompromising" , "Main component of steel" , "Fe - golf club" .)

I've seen this clue in the Evening Standard.
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