Post by The Ultimate Nullifier on Jun 15, 2016 0:27:34 GMT -6
www.wrestlinginc.com/wi/news/2016/0614/612645/major-tna-financial-issues-continue-during-slammiversary-weekend/
Major TNA Financial Issues Continue During Slammiversary Weekend
Source: PWInsider
TNA Chief Financial officer and Chief Operating Officer Dean Broadhead posted on his personal Facebook page this weekend about how he had to secure "interim financing" with just 12 hours to spare for TNA's "production trucks to roll" for Sunday's Slammiversary pay-per-view, and presumably tonight's semi-live Impact Wrestling episode.
Broadhead said he logged more than 80 phone calls to attorneys, bankers, vendors and employees between Thursday and Friday. He wrote, "Maybe it's time to retire. But maybe not until everything is in it's right place."
PWInsider adds that Broadhead's financial expertise is one of the major reasons why TNA has been able to stay alive over the past few years, so losing him would be another big blow.
As we noted this weekend, current TNA employee and Smashing Pumpkins frontman Billy Corgan is either close to purchasing or has already purchased a minority stake in the company.
Major TNA Financial Issues Continue During Slammiversary Weekend
Source: PWInsider
TNA Chief Financial officer and Chief Operating Officer Dean Broadhead posted on his personal Facebook page this weekend about how he had to secure "interim financing" with just 12 hours to spare for TNA's "production trucks to roll" for Sunday's Slammiversary pay-per-view, and presumably tonight's semi-live Impact Wrestling episode.
Broadhead said he logged more than 80 phone calls to attorneys, bankers, vendors and employees between Thursday and Friday. He wrote, "Maybe it's time to retire. But maybe not until everything is in it's right place."
PWInsider adds that Broadhead's financial expertise is one of the major reasons why TNA has been able to stay alive over the past few years, so losing him would be another big blow.
As we noted this weekend, current TNA employee and Smashing Pumpkins frontman Billy Corgan is either close to purchasing or has already purchased a minority stake in the company.