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

November 4, 2016

The New York Post has picked up on yesterday’s announcement of Anthem Sports & Entertainment’s new “credit partnership” with TNA, which resulted in Billy Corgan being ousted from TNA in his battle to gain control of the company.

The Post report furthers the following:

“Billy’s saying the company was sold and he’s owed $2.7 million,” said a source close to the situation. “But the court has already determined the company was not sold.”

The above is a claim Corgan is refuting, as he posted the following on Twitter this morning, demanding that TNA repay his loans to the company, which were due on November 1st and as of this writing have yet to be paid:

YEP: just-published NY Post article asserts that judge in case ruled against my receiving 2.7 in Anthem swap deal. This is FALSE. Case OPEN

— WPC (@Billy) November 4, 2016

Today, I’m FORMALLY requesting repayment of my ‘so-called’ loan by TNA, which I’m told stalled because they didn’t know where to FIND ME

— WPC (@Billy) November 4, 2016

Laughs aside I’d put up 1.8mil for express purpose of becoming equity stakeholder and helping talented roster. Any other assertion is FALSE

— WPC (@Billy) November 4, 2016

So if I’m not repaid today in full and without conditions attached, I’ll be forced to once more pursue remedy by taking TNA stock via court

— WPC (@Billy) November 4, 2016

Remember it was Anthem and not I who stood in open court and told judge they were prepared to PAY and in turn FUND good ‘ol, solvent TNA

— WPC (@Billy) November 4, 2016

A company which they claim they have no business deal for behind-the-scenes yet have released 2 press releases saying they are TAKING OVER

— WPC (@Billy) November 4, 2016

So far be it from me to accuse someone I don’t know of bending truth to win a case. That just wouldn’t be nice, and I believe in being nice

— WPC (@Billy) November 4, 2016

Last thing: despite being called a lender by every arm of TNA propaganda I can still convert to 36pct stock or sell option to highest bidder

— WPC (@Billy) November 4, 2016

Nick was born and raised in Detroit, Michigan, and lived there until the age of 18, when he decided to pack his flack jacket and move to New York City.

Nick attended New York University and graduated in 2001 with a degree in Drama.

Nick first entered the internet wrestling community back in 2004 when he became the co-host of The Voice of Wrestling Radio Show. From there, Nick made the transition from radio personality to editor when he began working with WrestleZone in 2008.

Nick is a member of two Off-Broadway theatre companies, Another Urban Riff, and the Drama Desk Award winning Godlight Theatre Company. Nick has appeared in over a dozen Off-Broadway plays since he moved to New York City, and has shot several short and feature length films. In 2010, he completed principle photography on a film titled "How to Score Your Life," which also features TNA Knockout ODB.

Inspiration in his life has come from many people including his family, Woody Allen, Steven Spielberg, Jack Nicholson, The Beatles, and of course, Lassie.