Italian team ready for French solve (9)
I believe the answer is:
'solve' is the definition.
'italian team ready for french' is the wordplay.
'italian team' becomes 'inter' (Inter Milan FC).
'ready for french' becomes 'pret'' ('ready' in French).
(Other definitions for interpret that I've seen before include "Construe" , "Orally translate" , "Translate, make sense of" , "Explain the meaning of - another language?" , "Read" .)