The Ghost of Rockschool Lyrics

Lyric discussion by Daisycow610 

Cover art for The Ghost of Rockschool lyrics by Belle & Sebastian

I think Lawrence and Phil refer to Lawrence Hayward from the band Felt, and Phil Lynott from Thin Lizzy. Both singers and their bands were big influences on Stuart Murdoch. However, although Phil Lynott passed away in 1986, I'm pretty sure that Lawrence Hayward is still alive. So the ghost reference makes sense for Phil but not Lawrence. Does anyone have a different take on that?

Also, Stuart is very religious and often puts Christian references in his songs, although this song has more references than most.

My Interpretation