The sinking of the Mi Amigo on 20 March 1980 marked a dramatic low point in the long and turbulent history of Radio Caroline. Yet, as so often in offshore radio history, the loss of one ship immediately sparked new ambitions. Within weeks, a small group of people associated with Caroline began planning a fresh station of their own. Paul Graham, Stuart Russel (Nigel Harris), Richard Thompson (Bob Lawrence) and Peter Moore are said to have been directly or indirectly involved in the planning. The project was given a suitably optimistic name: Radio Phoenix.

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