NY Post Reports Very Odd Reason for TNA Not Repaying Billy Corgan Loans

As we noted moments ago, The New York Post has picked up on yesterday’s announcement of the new “credit partnership” between Anthem Sports & Entertainment and TNA.

Of note in the report is the reason why TNA has yet to pay back the $1.8 million in loans owed to Billy Corgan, who has been ousted from TNA following yesterday’s announcement.

Richard Morgan, who penned the Post article, noted that Corgan would, citing sources, get his $1.8 million investment in TNA back “when he asks for it.” As noted, Corgan has publicly stated, via Twitter, that he has yet to be paid back, and is demanding that he receive the money or he will take TNA stock via court.

Read Also: NY Post Claims Judge Ruled Against Billy Corgan Receiving $2.7 Million From TNA, Corgan Refutes Claim, Threatens to Take TNA Stock Via Court

Attorneys for Anthem, which took over control of TNA management yesterday, stated before the Nashville Chancery Court on 10/26 that they were willing and able to repay Corgan’s investment.

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