Despite offering to pay off Billy Corgan’s three loans by the loan agreement end date of November 1, Anthem Sports & Entertainment are “rejecting” Corgan’s comments made today even though they admitted of not honoring their agreement, yet.
“The matter is before courts and public discourse is inappropriate,” the company said in a statement also released on Twitter. “There is a solid financial plan for @IMPACTWRESTLING & Mr. Corgan’s loan will be dealt with appropriately.”
By law, TNA had up until two days ago to settle all payments with Billy Corgan who invested well over 1 million dollars in the company. However just like other companies who have filed a lawsuit against them, Corgan is still without his investment and judging by how things are going, it will be a while till Corgan gets his money back.