Report showing a noble going round clubs (7)
I believe the answer is:
account
'report' is the definition.
(synonyms)
'a noble going round clubs' is the wordplay.
'noble' becomes 'count' (count is a kind of noble).
'going round' indicates putting letters inside (some letters go around others).
'clubs' becomes 'c' (abbreviation used in card games such as bridge).
'count' going around 'c' is 'ccount'.
'a'+'ccount'='ACCOUNT'
'showing' is the link.
(Other definitions for account that I've seen before include "Description; importance" , "Bill - relation" , "News report" , "Statement of transactions or verbal report" , "History" .)