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

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– 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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7 COMMENTS

    • 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.

  1. I would not be suprised if Ted Turner gives the ‘wr***ling’ 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.

    • ted knows the r***ing 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.

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