...I now can go down and left & up and left a very little bit but direct left goes direct right still.
Check you 49-way joystick first. Cheaper and easier to replace, and easier to test too. With straight all the way left resulting in right, propably one, repeat 1, connection somewhere is not working: most likely the X axis "direction" pin.
Quick 49-way overview:
Four pins/cables per axis.
Three optical sensors per axis, each with its own pin & cable connection to the board.
The fourth pin/cable is the "direction" pin.
Centered stick, all optical sensors are blocked.
Full left & full right, all optical sensors are open, so the only difference is the direction pin.
The direction pin is set from the joystick board by the order the sensors are unblocked.
So test the four pins for the X axis on the joystick, and make sure each make a connection correctly.
If all test good on the joystick, then you'll know the problem is on the I-40. If the joystick doesn't pass with flying colors, then fix it first before worrying about the I-40.
(Very quick test: test same joystick on player 3, and test a working joystick on player 4.)