Don't say one speaker... right hand channel driver serious excursion then a dull bang, thought driver had gone tits up, but no. There's a transformer for each channel they seem fine, although ones running notably cooler than the other prolly as one sides now doing nothing, all the valves light up, I know without the circuit topology its nigh on impossible, but expecting a lady visitor next week, my repair chaps on his jollies and I need to dust off the Sade albums...