Billy Corgan Says He Still Hasn’t Been Paid By TNA, May Convert To Ownership

Sean Ross SappNovember 3, 2016, 6:04 pm

The TNA ownership situation refuses to end.

Just minutes after Anthem Sports and TNA announced a partnership to continue funding of the brand, Billy Corgan took to Twitter to announce that he'd not been paid. Anthem in a press release, said that Corgan was out of the company.

On Twitter, Corgan said that when he asked for repayment, TNA asked for a day to get money together, and still haven't repaid him. Corgan stated that he's exploring the option of possibly converting to an ownership stake of 36 percent.

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'

— WPC (@Billy) November 3, 2016

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

— WPC (@Billy) November 3, 2016

FACT: I have still not been paid, and I'm exploring all remedies including new filings with court and converting to 36 pct. equity

— WPC (@Billy) November 3, 2016

Fightful.com will keep you up to date on this situation, and will cover it on Thursday's afternoon podcast with Matt Riddle at 3 PM EST. Register for a free Fightful.com account for early access to the show.