As we have noted prior, Billy Corgan and TNA are currently in a dispute over ownership of the company. Corgan has been very outspoken on Twitter these past few days after TNA announced that he was no longer with the company. Things keep getting more entertaining by the minute.
Corgan is still owed around 2.7 million from TNA. He threatens that if he is not paid back, he will option his deal into equity and sell it off to a ‘pro wrestling titan’, meaning WWE.
Here were the tweets:
Today, I’m FORMALLY requesting repayment of my ‘so-called’ loan by TNA, which I’m told stalled because they didn’t know where to FIND ME
— WPC (@Billy) November 4, 2016
Laughs aside I’d put up 1.8mil for express purpose of becoming equity stakeholder and helping talented roster. Any other assertion is FALSE
— WPC (@Billy) November 4, 2016
So if I’m not repaid today in full and without conditions attached, I’ll be forced to once more pursue remedy by taking TNA stock via court
— WPC (@Billy) November 4, 2016
Last thing: despite being called a lender by every arm of TNA propaganda I can still convert to 36pct stock or sell option to highest bidder
— WPC (@Billy) November 4, 2016
[irp posts=”17169″ name=”Billy Corgan Reacts To TNA’s Announcement Of His Departure and It Keeps Getting Messier”]
And that ‘option’ if you will to convert my boo-hoo-hoo loan to 36pct stock or auction it off to a PW titan doesn’t require a court order
— WPC (@Billy) November 4, 2016
This keeps on getting messier.
Let us know what you think in the comment section below!
Billy Corgan would have been the best thing to happen to TNA so I’m not sure someone, probably Dixie Carter, fucked it up.