Cryptic crossword clue
Clubs are confident about backing bid in a convincing manner 8

The most common and most likely answer to this crossword clue is the 8 letter word CREDIBLY

I've seen this crossword clue in Financial Times
C
R
E
D
I
B
L
Y

Buddy explains!

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.

What does CREDIBLY mean?

CREDIBLY adverb
  1. In a credible manner; believably.
  2. Used to report the speaker's assessment of the credibility of a reported statement

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