A multi-function sound system including an AM stereophonic receiving function in which interference with operating circuits in modes other than the AM stereophonic mode is eliminated. A limiter receives a IF AM stereophonic received signal and removes the amplitude variation components therefrom and couples the resulting signal to a phase detector composed of a phase-locked loop which produces as an output signal a sub-signal. A switch is provided which deactivates both the limiter and the voltage-controlled oscillator in the phase-locked loop circuit when the sound system is set to other than the AM stereophonic receiving mode.