Cryptic crossword clue
Deacon Blue gutted, sick to be bottom of the charts 5,3

The most common and most likely answer to this crossword clue is the 5 plus 3 letter word OCEAN BED

I've seen this crossword clue in Financial Times
O
C
E
A
N
B
E
D

Buddy explains!

The straight part
We know that "bottom of the charts" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case bottom of the charts = ocean bed.
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.

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