Crossword Genius

Heard directors are in debt in this French city (8)

Ross

I believe the answer is:

bordeaux

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'french city' is the definition.
(I've seen this before)

I can't explain the remainder of the clue.

Can you help me to learn more?

(Other definitions for bordeaux that I've seen before include "French city" , "French river port - claret" , "Wines" , "Port; French wine" , "Claret, for instance" .)

I've seen this clue in the Sydney Morning Herald.
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