Money that is needed for the club (7)
I believe the answer is:
brassie
'the club' is the definition.
(brassie is a kind of club)
'money that is needed' is the wordplay.
'money' becomes 'brass' (I've seen this before**).
'that is' becomes 'ie' ('i.e.' can be a synonym of 'that is').
'needed' means one lot of letters go next to another.
'brass'+'ie'='BRASSIE'
'for' is the link.
(Other definitions for brassie that I've seen before include "old wood" , "Golf-club" , "Old golf club" , "Number two wood (golf)" .)