Josh Stewart of the official Newsday website sent along a link to an article with a response from the Billy Corgan camp regarding the rumors that the Smashing Pumpkins frontman was attempting to buy an ownership stake in TNA Wrestling.
A spokesperson for the rock-and-roll star told the Newsday website the following:
There is no reason to comment on rumors. Billy is completely focused on Resistance Pro’s upcoming 2nd anniversary [show on Nov. 23].”
The Newsday article also quoted Panda Energy executive Janice Carter, who is the mother of current TNA president Dixie Carter, from the memo she sent out to TNA employees. Carter wrote the following in the memo:
“An unfortunate aspect of this business is that there are wrestling ‘reporters’ who consistently post ‘news stories’ without proper facts. I want to assure you these are just rumors and that I am committed to TNA and its future.”