According to PWI, there is a very strong chance Billy Corgan will leave TNA if his lawsuit against Dixie fails. Main reason is due to Anthem already stating publicly they are willing to pay the $1.8 million he's asking back from TNA and already have deals in place to become the new majority owner.
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Originally Posted by PWI
If Corgan does not get his injunction, it appears what will happen, based on Corgan's discovery, is this: Anthem pays off Corgan and he exits the picture. Anthem takes 85% of the control of the company, as Corgan's attorneys learned through their discovery. Aroluxe takes a secondary ownership stake of 10%, setting up their own CEO Jason Brown as the CEO of Impact Ventures for at least three years. Dixie Carter retains a small ownership stake at 5%. Anthem would then fund the company going forward and for the short-term, the company would tape TV 3-4 times a year and that would be it.
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Dixie also would be facing a very pissed off locker room if TNA manages to drive Corgan away and the strong possibility some talent walk out on the company.
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Originally Posted by PWI
What will be interesting to follow is this: if Corgan ends up out, that's the exit of someone who was extremely well liked within the locker room while Carter would remain in some capacity. Corgan had a lot of communication with the talents in comparison to the other parties involved in current ownership, including Dixie Carter, and was seen as a babyface in the scenario by a lot of (but not all) of the wrestlers. If Carter retains her power, going forward, she then has to deal with the fact that she told the locker room she would not let WWE buy the company, when court documents revealed that not only was she willing to let that happen, but there were talks of a sale all the way back to June of this year. Just a few days before her locker room talk, WWE submitted a non-binding offer to purchase the company's library and assets - which means that unless WWE was going to take all the talents (we are told by a WWE source that they believe that was not the case), everyone involved would have been out of a job. Carter told talents on 10/3 she wasn't letting a sale happen. On 9/25, Dean Broadhead was sending WWE documentation that was requested to help WWE follow through with due dilligence. That is quite the bridge Carter is going to have to mend with the locker room.
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Also pretty much would mean the end of their UK tours due to Anthem unwilling to cover touring costs. Could impact their India contract as well if they still have it by then due to TNA being way behind on current commitments.
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