Take place of us outside Cricket Club (5)
I believe the answer is:
occur
'take place' is the definition.
(I know that take place can be written as occur)
'of us outside cricket club' is the wordplay.
'of us' becomes 'our' ('our' means belonging to us).
'outside' is an insertion indicator.
'cricket club' becomes 'cc' (cricketing abbreviation).
'our' placed around 'cc' is 'OCCUR'.
(Other definitions for occur that I've seen before include "Happen - to come to mind" , "Befall" , "crop up" , "exist" , "Come to pass" .)