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Post by The Ultimate Nullifier on Sept 27, 2016 10:46:28 GMT -6
www.wrestlinginc.com/wi/news/2016/0927/617873/tna-running-out-of-time-to-make-a-deal/TNA Running Out Of Time To Make A Deal, WWE Back In Play On A Potential TNA Sale Source: F4WOnline We noted before that WWE has had interest in purchasing the TNA, mainly for the tape library, and that a real offer did exist but it was described as an option if no other parties purchase the company. Dave Meltzer noted on Wrestling Observer Radio today that WWE is back in the picture in regards to the sale. Dixie Carter is able to sell to whoever she wants to and apparently things have become very complicated. TNA is running out of time and at last word, there was still no deal for Billy Corgan to purchase the company. Corgan needs to make a deal to fund this Sunday's Bound For Glory pay-per-view and next week's TV tapings. When Corgan talked to ESPN this week, he still talked like a deal could be weeks away but Meltzer noted that a deal needs to be made before Friday as it's the last business day before Sunday's pay-per-view. While WWE would mainly want the TNA tape library, they would likely keep a few wrestlers but the company would be done.
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Post by The Ultimate Nullifier on Sept 27, 2016 10:47:47 GMT -6
www.wrestlinginc.com/wi/news/2016/0927/617880/update-on-wwe-talking-to-tna-about-a-potential-sale/Update On WWE Talking To TNA About A Potential Sale As noted earlier via Dave Meltzer on Wrestling Observer Radio, time is apparently running out for TNA to make a sale as they need to fund Sunday's Bound For Glory pay-per-view and the next set of Impact Wrestling tapings. It was also noted that WWE is back in play in regards to possibly purchasing the company. WWE would purchase TNA mainly for the tape library and they would likely keep a few wrestlers but that would essentially be the end of TNA. In an update, Mike Johnson of PWInsider reports that he's also heard more and more about Dixie Carter having talks with WWE about a potential sale over the last 5 days. It was noted this morning that the sale has become very complicated and Dixie can sell to whoever she wants to. There's still the chance that Billy Corgan can make a deal happen but even Johnson believes "the fuse on the TNA bomb is close to the end." Johnson adds that something or someone is going to have to give soon and there's no avoiding it. Regardless of who becomes the new owners, it should be a very interesting week for TNA. Stay tuned to the site for the latest.
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