UPDATED: Billy Corgan May Not Be Able To Buy TNA On His Own
Posted by Joseph Lee on 11.04.2013
Corgan comments on the rumor...
UPDATE: Billy Corgan spoke with Newsday about the persistent rumors that he is attempting to buy TNA. Corgan said through a spokesperson:
"There is no reason to comment on rumors. Billy is completely focused on Resistance Pro's upcoming 2nd anniversary [show on Nov. 23]."
ORIGINAL: While Billy Corgan may be interested in buying TNA if it's for sale, word is that he doesn't have the financial means to both buy it and maintain it on a long-term basis. There have been reports that he has a "wealthy friend" who could invest as a co-owner, but these are just rumors for now and there is no evidence.
Meanwhile, there are several others ahead of Corgan in line who are also interested in buying TNA.