Managed soccer team without money (5)
I believe the answer is:
franc
'money' is the definition.
(I've seen this before)
'managed soccer team without' is the wordplay.
'managed' becomes 'ran' (I've seen this before).
'soccer team' becomes 'fc' (football club).
'without' indicates putting letters inside.
'ran' going within 'fc' is 'FRANC'.
(Other definitions for franc that I've seen before include "Former French monetary unit" , "Nonsense (colloq.)" , "Ex-Gallic coin" , "Swiss loot" , "Unit of money" .)