The directors are after a trophy cabinet (8)
I believe the answer is:
cupboard
'cabinet' is the definition.
(I've seen this before)
'the directors are after a trophy' is the wordplay.
'the directors' becomes 'board' (I've seen this before).
'are after' is a charade indicator (letters next to each other).
'a trophy' becomes 'cup' (cup is a kind of trophy).
'board' after 'cup' is 'CUPBOARD'.
(Other definitions for cupboard that I've seen before include "Press" , "Closet" , "Furniture for storing provisions etc." , "Piece of furniture for stores" , "Kitchen storage" .)