Billy Corgan has posted a new Facebook video to address rumors that he has lined up investors to help him purchase TNA Wrestling.
Corgan said that he is using his own money and there are no other investors involved in attempts to buy the company.
As noted last week, the belief is that Aroluxe Marketing and Dixie Carter still own shares of the company but Corgan is running the show and day-to-day operations. Corgan recently talked about his status with TNA on Vince Russo’s podcast and was open about TNA’s financial problems.
Corgan’s latest video is below:
[fbvideo link=”https://www.facebook.com/smashingpumpkins/videos/10154612473287642/” width=”800″ height=”700″ onlyvideo=”1″]
