Crossword Genius

FA diplomacy backed magnate (3,3)

Ross

I believe the answer is:

fat cat

'magnate' is the definition.
(I've seen this before)

'fa diplomacy backed' is the wordplay.
'diplomacy' becomes 'tact' (tact can mean diplomacy or sensitivity).
'backed' is a reversal indicator.
'tact' reversed gives 'tcat'.
'fa'+'tcat'='FAT CAT'

(Other definitions for fat cat that I've seen before include "Wealthy and privileged person" , "Wealthy and powerful person (informal)" , "Big cheese" , "Rich person or obese feline" , "Excessively wealthy person" .)

I've seen this clue in The Sun.
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