Former WWE Employee Says Billy Corgan Is Involved In TNA Sale Talks

Posted by DailyWrestlingNews.com on Sunday, November 3rd, 2013

Corgan

- Brett Buchanan of AlternativeNation.net reports that Smashing Pumpkins frontman and Resistance Pro Wrestling owner Billy Corgan is the potential TNA buyer. Buchanan wrote the following this weekend:

“I have heard from a second hand source who is close to a key figure in the rumored TNA Wrestling sales discussions who has verified that Smashing Pumpkins frontman Billy Corgan is far along in his talks to purchase the company. This source went as far to say that he believes it is a “done deal” that Corgan will buy TNA, though the source didn’t know what percentage Corgan will be purchasing or the specifics of the deal. The source also says that Corgan has recently made a connection to somebody very wealthy, though it is not known if this party would have anything to do with the deal.”

In an update, former ECW Original and WWE employee Lou D’Angeli, who is a longtime friend of Corgan’s, wrote the following on Twitter last night:

“Is @billy set on buying @IMPACTWRESTLING??? I know he is pretty serious in at least partial, if not, majority ownership. #TNA”

New Details on More TNA Changes, Backstage News on a Top Name Leaving, More




  • Eyam Ova-Urazis

    Well… I doubt TNA is sinking any faster than Smashin’ Punkin’s.

  • Matthew DeAngelo

    If it’s true 1 word sums it up. HA

  • HC Duran

    Last time I heard about a rock star buying a wrestling company, was when Gene Simmons of KISS acquired Women of Wrestling. We all saw what came of that.



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