Billy Corgan Formally Requests Repayment From TNA, Threatens To Convert His Loan To Stock, Auction

Source: WrestlingINC

There was a back and forth on Twitter between Billy Corgan and Anthem Sports & Entertainment yesterday, following the announcement that Corgan is gone from TNA and Anthem has entered into a credit relationship with the company. Dixie Carter is still Chair of the company and will remain the figurehead for the company while Anthem’s Ed Nordholm will essentially be running things. While Corgan is out, he’s still owed money by TNA and his lawsuit is still open.

Corgan returned to Twitter today and isn’t holding back. He corrected one fan meme and said he’s owed $2.7 million, not the reported $1.8 million. Corgan noted that he formally requested repayment of the loan by TNA today and threatened to take what he’s owed to court and convert it to company stock or sell the options to the highest bidder, teasing a “pro wrestling titan,” which could be a WWE mention. Below are Corgan’s new tweets with what was said yesterday for context:

https://twitter.com/Billy/status/794232124522004482

https://twitter.com/Billy/status/794232633207226368

https://twitter.com/Billy/status/794233412034891776

https://twitter.com/Billy/status/794275341325864960

https://twitter.com/Billy/status/794276142849003520

https://twitter.com/Billy/status/794276469836902400

https://twitter.com/Billy/status/794568002553413632

https://twitter.com/Billy/status/794569232289853440

https://twitter.com/Billy/status/794569782184071168

https://twitter.com/Billy/status/794570172610859009

https://twitter.com/Billy/status/794570457466990593

https://twitter.com/Billy/status/794570729979346945

https://twitter.com/Billy/status/794571368494956544

https://twitter.com/Billy/status/794572818654629888

https://twitter.com/Billy/status/794573291029692416

Advertisements