Crossword Genius

Managed football club without money abroad (5)

Ross

I believe the answer is:

franc

'money abroad' is the definition.
(I've seen this before)

'managed football club without' is the wordplay.
'managed' becomes 'ran' (I've seen this in another clue).
'football club' becomes 'FC'.
'without' indicates putting letters inside.
'ran' going within 'fc' is 'FRANC'.

(Other definitions for franc that I've seen before include "It's equal to 100 centimes" , "money abroad" , "for laying out in Luxembourg" , "Foreign capital" , "European currency until the end of 2001" .)

I've seen this clue in The Globe and Mail.
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