Post by The Ultimate Nullifier on Sept 27, 2016 23:57:55 GMT -6
www.sescoops.com/update-on-time-running-out-for-tna-a-potential-sale-coming-this-week/
Update On Time Running Out For TNA & A Potential Sale Coming This Week
As noted earlier via Dave Meltzer on Wrestling Observer Radio, time is running out for TNA to make a sale this week to fund Sunday’s Bound For Glory PPV and next week’s Impact Wrestling tapings. WWE is said to be back in the mix as a potential buyer, but that would involve acquiring the tape library, picking up select talent and effectively ceasing operations.
PWInsider followed up on the story, noting that Dixie Carter has had talks with WWE over the past week about selling her majority stake in the company. With at least 4 companies invested the company, it’s become a complicated situation. Dixie Carter can sell to whoever she wants, which could put a wrench in Billy Corgan’s plans to take over the company. Corgan is still in the running to buy TNA, but Mike Johnson ominously stated “the fuse on the TNA bomb is close to the end.”
Based on various interviews from this year, Billy Corgan has made a lot of good points regarding his vision for TNA’s future. In addition to wanting to change the company’s name, Corgan sees the need for TNA to establish their own identity. He told ESPN this week that the company should avoid signing WWE castoffs.
“Many times in the past, TNA has made the mistake of bringing in WWE people to sort of create a buzz that didn’t sustain,” he said. “But success is building a culture that is distinctly your own, with your own identifiable signature. If everything you do doesn’t feed into that, you are making a big mistake that history shows does not work.”
Regardless of who becomes the new owners, it should be a very interesting week for TNA.
Update On Time Running Out For TNA & A Potential Sale Coming This Week
As noted earlier via Dave Meltzer on Wrestling Observer Radio, time is running out for TNA to make a sale this week to fund Sunday’s Bound For Glory PPV and next week’s Impact Wrestling tapings. WWE is said to be back in the mix as a potential buyer, but that would involve acquiring the tape library, picking up select talent and effectively ceasing operations.
PWInsider followed up on the story, noting that Dixie Carter has had talks with WWE over the past week about selling her majority stake in the company. With at least 4 companies invested the company, it’s become a complicated situation. Dixie Carter can sell to whoever she wants, which could put a wrench in Billy Corgan’s plans to take over the company. Corgan is still in the running to buy TNA, but Mike Johnson ominously stated “the fuse on the TNA bomb is close to the end.”
Based on various interviews from this year, Billy Corgan has made a lot of good points regarding his vision for TNA’s future. In addition to wanting to change the company’s name, Corgan sees the need for TNA to establish their own identity. He told ESPN this week that the company should avoid signing WWE castoffs.
“Many times in the past, TNA has made the mistake of bringing in WWE people to sort of create a buzz that didn’t sustain,” he said. “But success is building a culture that is distinctly your own, with your own identifiable signature. If everything you do doesn’t feed into that, you are making a big mistake that history shows does not work.”
Regardless of who becomes the new owners, it should be a very interesting week for TNA.