What does the cryptic crossword clue "Managing loan debt, sell valuable sporting trophy (8,4)" mean?

The definition is "trophy". The wordplay uses an anagram. anagram of LOAN + DEBT, + SELL = LONSDALEBELT; definition: "trophy" The answer is LONSDALEBELT.

Managing loan debt, sell valuable sporting trophy (8,4)

Independent Cryptic #1815 | 13 Across | 2024-12-08 flower

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