Well this one isn’t a big shock. TNA President Billy Corgan is suing Dixie Carter and TNA Impact Wrestling, as well as its parent company Impact Ventures, TNA Chief Financial Officer Dean Broadhead and Dixie’s husband Serg Salinas.

This all comes down to shares in TNA. Billy Corgan wants 100% control of TNA’s shares, but Dixie Carter isn’t willing to give them up just yet. Since Corgan put in a large some of money to basically save TNA for going under, he feels he deserves full control of TNA. He is currently TNA President, and has final say on everything backstage, but still isn’t happy about how Dixie has been running things backstage.

It’s unclear how this is going to affect TNA as a whole, but according to the man who broke the news, Ryan Satin, a restraining order has also been issued.

How do you feel about this situation? Do you think Billy Corgan should have 100% of TNA’s shares?

Check out four3four.com for more news, updates and opinions.

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Hey everyone, I'm LJ, an Aussie journo in the making. Extremely passionate sports and pro wrestling fan who loves covering all the latest in WWE, Ring of Honor, NJPW and all your favourite promotions. Favourite wrestlers are Kevin Owens, AJ Styles and Seth Rollins.