The most common and most likely answer to this crossword clue is the 8 plus 5 letter word FOOTBALL TEAMS
F
O
O
T
B
A
L
L
T
E
A
M
S
Buddy explains!
The straight part
We know that "7, 23, 27, 4, 14, 26" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case 7, 23, 27, 4, 14, 26 = football teams.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.