Stadium leaders saving skin in short newspaper section (9)
I believe the answer is:
colosseum
'stadium' is the definition.
(I've seen this before)
'leaders saving skin in short newspaper section' is the wordplay.
'leaders' becomes 'bosses' (leaders of a company).
'saving skin' says to take the centre (the 'skin' of the word is left out or 'saved').
'in' indicates putting letters inside.
'short' means to remove the last letter.
'newspaper section' becomes 'column' (a column is a regular section in a newspaper).
The middle letters of 'bosses' are 'osse'.
'column' with its last letter removed is 'colum'.
'osse' inserted into 'colum' is 'COLOSSEUM'.
(Other definitions for colosseum that I've seen before include "Where some performed" , "Vast ancient amphitheatre in Rome" , "Great amphitheatre in Rome, recently repaired" , "Amphitheatre built in ancient Rome" , "Tourist attraction of Rome" .)