Lyric discussion by xensyria 

Cover art for Tell Balgeary, Balgury Is Dead lyrics by Ted Leo and the Pharmacists

The partner of the singer's lover has died, and he is telling her that he will be at the funeral to comfort her, and is hoping to take over his place in her life.

This explains the reference to "The King of the Cats" mentioned before:

In the story, a farmer on his way home from the market is told to "Tell Balgeary, Balgury Is Dead" by a cat outside the graveyard at Inchigeela. When he gets home, he tells his wife what happened, and the cat suddenly jumps up and says "then I'm the King of the Cats!" and runs off.

In the song, the singer has obviously heard of a death that affects his "love" (all the references to the graveyard, both wearing black clothing, her despair, lightening her load, etc.) and he hopes to meet her and become her partner, the next "king of the cats" ("I've got not back up plan/I'm disregarding danger when i'm in your foreign land/And if you want to meet me, wear a red flower in your hair").

Song Meaning