Impact Wrestling News

Billy Corgan says his debt from TNA has not been paid to him

Things are getting really ugly between TNA and Billy Corgan because Corgan is claiming that he has yet to be paid on his loan and he will seek legal remedies to convert his debt to 36% equity in the company.

As noted earlier, Anthem Sports & Entertainment announced a credit relationship that would keep Dixie Carter on board essentially as a figurehead but Anthem would be running the company. Corgan is saying otherwise.

Corgan said the following:

“FACT: TNA was supposed to pay me to 2 days ago, which they swore to in front of a judge. Yesterday they asked for a day to ‘get $ together.’ Upon which, (yesterday or today) they’d ‘reach out directly’ to settle ALL claims. So they lied again and have used the time as a weapon. “FACT: I have still not been paid, and I’m exploring all remedies including new filings with court and converting to 36 pct. Equity.”

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