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TNA News: Dixie Carter claims Billy Corgan was only furthering his interests, not helping the company

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Dixie Carter hits back for the first time.

The new top rivalry in pro wrestling?

We’ve all heard Billy Corgan’s vocal side of the story for a while now. However, what we haven’t heard is Dixie Carter’s side. Carter has been under scrutiny by Billy Corgan and the media as well. 

However, according to a report from Pro Wrestling Sheet, in her new court documents, Dixie Carter accused Corgan doing everything in his power to further his agenda and not that of the company.

Dixie acknowledged the fact that Corgan had made two loans to the company (which, according to Corgan’s lawyer Scott Sims are substantial amounts). Mentioning the latest instalment, the document said:

Mr Corgan knew that if I did not sign the Pledge Agreement, Impact, would face a very difficult immediate financial challenge.”

The claim also stated that a deal for funding between Aroluxe and Billy fell through shortly before Bound For Glory.

I believe that Mr Corgan was ‘playing chicken’ with Aroluxe and acting in furtherance of his own personal interests, even though those interests were contrary to the interests of the company, was something Dixie said in the report.

She also stated that since he had joined TNA, he had only visited their headquarters in Nashville, Tennesse, twice. Furthermore, she stated that even when he had come, his focus was primarily on two aspects: Creative and his bid for ownership.

In the trial that has been happening, there have been two points of view.  The first perspective is that Corgan is doing all in his power to save the TNA brand. The second perspective is that Corgan is a vicious loan shark trying to take full control of the company.

In the trial, TNA’s lawyer, Travis Parham, even went as far as to claim that the contract between Corgan and Carter is illegal under Tennesse state law.

Anthem, the company which has ownership of licensing rights to TNA’s tape library, says that they are willing to pay off the amount due to Corgan, minus the transaction fee he claims he is due. The animosity is real because Corgan’s lawyer Scott Sims said that Dixie emailed WWE saying, she won’t sell the company until Billy is out.

The final hearing is this Monday, October 31st. Will we see the final demise of TNA and the birth of something brand new under Billy Corgan, or is the Corgan saga going to be over as quickly as it started?


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