how can i fix my philips 32pw9544 mg2.1e chasis stuck on flashing stanby!!!?

if any one can enlighten me on what the fault is here my philips 32pw9544 mg2.1e chasis is stuck on standby mode with the standby light flashing!! it makes the initial pong sound whenoff for a while and then the usual clicking sound when trying to turn it on it clicks again as if it fails to initialise the power start up is this some form of overload or something else any help on what might be at fault much appretiated ive been told it easy fix but not been told what needs fixing or what part / parts need replacement!!
paul...
my email is mac0123@hotmail.co.uk