http://www.thesun.co.uk/article/0,,2003560001-2007351002,00.html wOOt! He talks about roids, too...
"I have been speaking to people from the American television networks and other important people in LA. In the first two weeks they raised $40million (£20million). I need about $80-100million to start it up.
"If me and my partners pull it off then the wrestlers will have a more natural look and an easier schedule - all of the things people are saying the business needs.
"And then Vince McMahon and everyone else in the business will have to follow suit."
Hogan is fully aware that his stance opens him up to charges of hypocrisy.
Critics argue he was the "poster boy" for steroids throughout much of his career and other wrestlers emulated him to get the same "main event" physique.
So isn't Hulk Hogan's plea to get steroids out of wrestling like George Bush calling for troops to leave Iraq?
The Hulkster replies: "I'm not trying to repent but I am being honest about my failings. I want youngsters to be educated.
"If I was 25 right now, coming into this business, I don't know what I'd be like in that locker room.
"But I know one thing. Wrestling needs to make sure everything is above board.
"So is it hypocritical of me? Yes.
"But is it hypocritical of me now in 2007? No. I think it's more like poetic justice.
"I've learned from being around, surviving and watching the many mistakes I and others made.
"I thank God I'm still alive!"