TNA’s future is in the air and every day a new news regarding their sale comes to the fore. However, in what can be termed as a latest development, TNA owner Dixie Carter has revealed that WWE indeed are interested in buying the company but reiterated that they have no plans to sell to their rival promotion.
TNA didn’t have money to fund last weekend’s pay-per-view Bound For Glory as well as this week’s tapings. However, an unknown ‘third party’ stepped in and provided the funds required for the tapings. The identity of this ‘third party’ has so far not been confirmed.
It was revealed by Dave Meltzer of Wrestling Observer Radio that WWE are interested in buying TNA, but only to add their video library to WWE Network and didn’t intend to continue running the operations of the company.
According to PWInsider.com, Dixie Carter held a meeting with the TNA wrestlers before Monday’s tapings of Impact Wresting where she revealed WWE’s interest in buying the company but insisted that she will never allow that to happen. For now, their video library is also safe.
The report further adds that TNA employees have been receiving late payments but the explanation for it is the company is looking to secure the money first before handing out the payments.
The last set of tapings were funded by TNA President Billy Corgan out of his own pockets and this week’s by an unknown ‘third party’. However, it is unlikely that this trend of stop-gap solutions will continue for long as the company are looking at options to secure their future.
It has also been reported that there is a general consensus in TNA that Corgan should assume full ownership of the company. Carter currently owns around 70% of the company.
It is highly unlikely that WWE will be able to finalise a deal for the purchase of TNA, especially given their reluctance to take the company forward. It is clear from Carter’s remarks that they want to sell to someone who is willing to invest in the company to see it grow as a brand and continue to challenge the monopoly of WWE.
What do you think the future holds for TNA? Will they find a buyer, or will WWE end up purchasing them?
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