Crossword Genius

Genial boxer staggering back around ring is indulged

Ross

I believe the answer is:

good-humoured

I'm a little stuck... Click here to teach me more about this clue!

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

'boxer staggering back around ring is indulged' is the wordplay.
I cannot really see how this works, but
'around' could be 'o' (I've seen this in other clues) and 'o' is located in the answer.
'ring' could be 'o' and 'o' is found within the answer.
'indulged' could be 'humoured' (humouring is a kind of indulging) and 'humoured' is present in the answer.
This explanation may well be incorrect...

Can you help me to learn more?

(Another definition for good-humoured that I've seen is " Genial, cheerful".)

I've seen this clue in the Irish Times.
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