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The flashing green light is likely indicative of a self-test failure, indicating the TV has detected some sort of internal fault. With no picture or sound, one strong suspect is the power supply. Flat-panel TV's have an internal DC power supply that converts the inbound AC current, and when these fail, or are unable to supply a minimum level of power to the set, it can behave as you describe, providing only enough power for the green light to illuminate.
it will be leaking capacitors on 1 or 2 of the boards, yu can buy the new ones from maplins/farnells and replace or buy new boards completely from sites on the internet - just type model no and replacement boards into google