Blunderingly sets about team - but lives! (6)
I believe the answer is:
exists
'lives' is the definition.
('exist' can be a synonym of 'live')
'blunderingly sets about team' is the wordplay.
I cannot quite see how this works, but
'team' could be 'xi' (a football team, from Roman numerals for 11) and 'xi' is located in the answer.
an anagram of 'sets' is 'ests' which is present in the left over letters.
This accounts for all the letters.
This may be the basis of the clue (or it may be nonsense).
'but' is the link.
Can you help me to learn more?
(Other definitions for exists that I've seen before include "Has being, is actual" , "Is present in the real world" , "Has objective reality" , "Is present in the universe" , "Has life" .)