Crossword Genius

European thrilled to upset the champion (5-6)

Ross

I believe the answer is:

title-holder

'champion' is the definition.
(I know that champion can be written as title-holder)

'european thrilled to upset' is the wordplay.
'european' becomes 'E' (abbreviation e.g. EU).
'upset' is an anagram indicator.
'e'+'thrilled'+'to'='ethrilledto'
'ethrilledto' is an anagram of 'TITLE-HOLDER'.

'the' acts as a link.

I've seen this clue in The Times.
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