Crossword Genius

Place for spectators, barely emptied, is ready for future use (5-2)

Ross

I believe the answer is:

stand-by

I'm a little stuck... Click here to teach me more about this clue!

'future use' is the definition.
Although both the answer and definition are verbs in their base form, I cannot understand how one could define the other.

'place for spectators barely emptied is ready' is the wordplay.
I cannot really see how this works, but
'place' could be 'stand' (standing is a kind of placing) and 'stand' is found within the answer.
The remaining letters 'by' is a valid word which might be clued in a way I don't understand.
This may be the basis of the clue (or it may be nonsense).

'for' is the link.

Can you help me to learn more?

(Other definitions for stand-by that I've seen before include "Quiescent state" , "Something kept in readiness" .)

I've seen this clue in The Telegraph.
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