As previously reported, Smashing Pumpkins star and Resistance Pro Wrestling promoter Billy Corgan is one of the top names interested in purchasing TNA Impact Wrestling.

Corgan, a longtime wrestling fan who was once in the running to buy the original ECW, might not have the financial means to purchase the company, let alone carry it longterm. According to, Corgan is in talks with a “wealthy friend” who could invest in partial ownership.

Even with Corgan being interested, there are said to be other groups showing interest with better financial backing.

TNA and Panda Energy are insisting that the company is not for sale, but there definitely have been serious conversations with multiple parties.

* JIM ROSS Comments On TNA Being For Sale – What Does HE Think Should Happen?