Report: Dixie Carter Lied About WWE Interest in TNA

A new report claims TNA President Billy Corgan thinks Dixie Carter lied to him regarding sale discussions with WWE.

Via ProWrestlingSheet, Corgan wants full control over the company after he bailed TNA out of closure multiple times.

The newly-unsealed documents read: “Impact Ventures and Mrs. Salinas [Dixie] also entered into an equity pledge agreement with plaintiff whereby Mrs. Salinas pledged 100% of her equity interest in Impact Ventures to plaintiff as security for Impact Ventures’ performance of it’s [sic] obligations.”

Corgan’s lawyer alleges Carter has denied ever having discussions with WWE about a potential sale, but gave a different story to the locker room. Furthermore, the lawyer also claims Corgan was never informed about Fight Networks’ recent funding.

“This recent conduct is consistent with the way that Mrs. Salinas and the other managers have dealt with plaintiff since the inception of his involvement with Impact Ventures. They have failed to keep plaintiff apprised of matters of great significance to the company; they have routinely misled plaintiff with information necessary to discharge his duties as President to manage the day-to-day operations of the business; and they have regularly interfered with, subverted, or ignored plaintiffs [sic] authority to manage the affairs of the company.”

What it comes down to is Corgan wants compensation for Carter’s actions. The amount in question will eventually be determined by a court of law should it go that far.

Corgan recently made a bid to purchase Impact Ventures, the parent company of TNA, which was asking for a sale price of $40 million. Whoever ends up owning the TNA brand will, of course, have a host of debt and legal battles to sort, the latest of which sees Bank Direct Capital Finance LLC suing TNA for $200,000 over a borrowed $400,000 TNA owes.