-

Anthem says there’s a solid financial plan for TNA, but no money for Corgan so far

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.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

Two sets of Raw tapings to be held tonight due to European tour next week

While Raw is back to two hours tonight, fans attending the show at the Enterprise Center in St. Louis,...

Braun Strowman tears groin during last monster standing match

AJ Styles was not the only casualty of WWE television last week as Braun Strowman tore his groin two...

Raw reverts to two hours starting tonight on USA Network at 8PM ET

The prayers of many wrestling fans have been answered as tonight, WWE Raw switches to two hours instead of...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading