Update on Billy Corgan Possibly Buying TNA, Another Name Interested?

Posted by DailyWrestlingNews.com on Monday, November 4th, 2013

Corgan

- With Lou D’Angeli confirming rumors that Billy Corgan is in talks to buy TNA, Jason Powell of Prowrestling.net notes that Corgan was not the person he was referring to when he reported that a notable name has shown interest in purchasing the company.

Also, Dave Meltzer of The Wrestling Observer Newsletter adds that there’s not much to the Corgan rumors because he wouldn’t have the money needed to buy TNA and carry it. F4Wonline.com adds that Corgan was not the leading candidate to buy the company as of a few days ago.

D’Angeli has since deleted all tweets referring to Corgan buying TNA.

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  • Matthew DeAngelo

    Donald Trump is buying TNA, just wait

    • Ralph Ramos

      Donald Trump isn’t buying anything. He knows a good investment when he sees one, and knows TNA would be too costly to turn a profit on.

  • N Earl Roberts

    I would not be suprised if Ted Turner gives the ‘wrassling’ business another go. I am sure he would’ve learnt his lessons from his ownership of WCW……and really the sale of TNA already comes with a bonus, No Hulk Hogan.

    • Dan Iacovelli

      ted knows the rassing business, and I know he still regrets the aol/tw merger he did. though I don’t know if he still has the cash. I would welcome the old fashion wresting then sports entertainment.

  • Action Movie Fanatix

    Am I crazy to think that Billy Corgan would in fact have a lot of money?

    • Eyam Ova-Urazis

      According to a couple websites, Corgan has a net worth of around $50 million.

  • Jeff Rittenour

    this would be like buying an expired lottery ticket…no win situation lol



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