Update on the Controversy Concerning Ric Flair's NWA Title Belt

Submitted By James Walsh on 11/06/09

Highspots.com released the following statement on Wednesday regarding the sale of Ric Flair's NWA title belt: 'It has been accurately reported that, Highspots is one of two companies that Ric Flair pledged his NWA belt to for outstanding amounts owed. To ensure that the eventual buyer has no potential issues, Highspots has continued to work with the other holder of the lien on the title belt at issue. After speaking with our counsel, Combraco, Inc. has informed us that they decided to give Mr. Flair an additional six months in which to repay the more than $300,000 that he owes to them. While we are disappointed by the delay, we respect the legal process and continue to work to resolve the issues with Mr. Flair’s other creditors to protect the interest of our customers. In the unlikely event Mr. Flair pays these funds owed, we will be the only remaining lien holder on the belt and will place it back for sale. If he does not, we anticipate working with Combraco after the period ends to reach a final agreement to facilitate the sale. Again, we are sorry for the delay, but Highspots is a long standing and respected company that values its integrity and respect for the legal process. We will continue to hold the belt and will update the situation and contact all individuals who submitted bids again this spring.' :: DISCUSS THIS POST ON THE FORUMS! :: SEE MICKIE JAMES & THE DIVAS NUDE! :: BUY WRESTLING DVD'S THROUGH OUR STORE! :: GO BACK TO THE HOME PAGE WRESTLING EPICENTER STORE IS OPEN! THE HOTTEST WRESTLING DVD'S ARE NOW AVAILABLE! We've got hundreds of pro wrestling DVD's at your fingertips! All your favorite stars such as Hulk Hogan, Kurt Angle, Sting, Ric Flair, Bruiser Brody, "Macho Man" Randy Savage, Harley Race, Andre the Giant, Dynamite Kid, Davey Boy Smith, Bret "The Hitman" Hart, Booker T, & countless others! We've also got the Divas! Raw and extreme footage of Candice Michelle, Beulah McGillicutty, Gorgeous George, Tylene Buck, Francine, Christy Hemme, Dawn Marie, Madusa, and the rest of your favorite sexy divas! We even have got official WWE merchandise! All this can be yours in the Wrestling Epicenter Store! CLICK HERE TO GO TO THE STORE! Home | News | Editorials | Interviews | Forums | Chat Room | Store | Divas | PPV Results | TV Results | Shows | Links | Metal Epicenter | Contact Us/Staff