NWA President Billy Corgan Denies Rumors of NWA Shutting Down

National Wrestling Alliance President Billy Corgan recently issued a statement on Twitter stating that recent rumors of the NWA shutting down and him selling the company are not true.

“A quick note about the National Wrestling Alliance, which I fought for, and won ownership of a few years back. We are NOT shutting down. So please disregard any and all rumor to effect. The @NWA is not and will not be for sale, and those talent who are under contract remain under contract for a reason: which is that we at the NWA are trying to figure out a way to provide our great fans with wrestling content in a very, very tough environment. And, most importantly, keep our talent safe and the standard of production you’ve come to expect from us at a high level. Anything less, in my opinion, is unacceptable. So yes, appreciate the interest, appreciate the chatter, but don’t appreciate the unsourced rumors and speculation.”

Quick note about the @nwa pic.twitter.com/CDzw6B3XmC

— William Patrick Corgan (@Billy) July 16, 2020

Rumors of the NWA’s demise originated from a recent interview Raven had with Hannibal TV. During the interview, Raven stated:

“I think Billy is shutting [NWA] down, from what I hear. Billy really does the booking, all the booking, at least he did with Resistance Pro. He liked me there for my wrestling mind so I could say ‘yay or nay’ to ideas, if they make sense or if they don’t, but ultimately he was the final say on everything, as he should have been. From the grapevine, I heard Billy is not opening back up, he’s really disillusioned.”