Reckon leaders are only nominally in charge (11)

I believe the answer is:

figureheads

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'reckon leaders are only nominally in charge' is the definition.
I can't judge whether this definition defines the answer.

'reckon leaders' is the wordplay.
'reckon' becomes 'figure' (synonyms).
'leaders' becomes 'heads' (head is a kind of leader).
'figure'+'heads'='FIGUREHEADS'

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I've seen this clue in The Irish News.

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