The bad situation that TNA finds itself in however is far from over

The bad situation that TNA finds itself in however is far from over

The tapings, along with the Bound For Glory pay-per-view, were at the risk of not taking place due to lack of funds but a mystery third-party injected enough funds in the company to keep it afloat for another week

? TNA’s tumultuous week wraps up tonight with the Bound For Glory pay-per-view, a pay-per-view which came very, very close of not happening due to lack of funds. A mystery third-party investor injected enough money in TNA’s accounts to keep Bound For https://hookupdate.net/escort-index/broken-arrow/ Glory alive along with a week-long of television tapings in Orlando that will take the company towards the end of 2016. While there’s enough money to cover tonight and next week, TNA must either find a long-term investor or go for a full sale if it wants to stay alive. Staying alive means the sale cannot be done to WWE as WWE would kill off the company faster than they did to WCW. A meeting is being held today at Universal between TNA management and probably talent as well to discuss the future of the company. Billy Corgan, TNA President, was open all week about the bad situation TNA is in and made it no secret that he wants full control of the company before he invests more of his own money.

? Mike Johnson of PWInsider is reporting that Dixie Carter held a meeting with the TNA locker room last night before the start of the week-long Impact tapings in Orlando. Carter admitted that WWE is interested in purchasing the company when someone brought up the question but said she would “not let that happen” although she could if she wants to. The former TNA President, who still is the majority owner of the company, said that TNA still owns the tape library and they did not sell it to WWE. Last week when the New York Post went fishing for a comment from WWE regarding the rumors, a WWE spokesman refused to give a comment. Perhaps one of the most interesting, if not the most interesting, thing that came out of the meeting is that Carter also acknowledged that there have been disagreements and even in-fighting between the several minority owners of the company as power struggles continue to dominate the difficult period that TNA is going through. The New York Post said that Carter will be resuming her negotiations for the sale this week, including further talks with WWE.

The New York Post reported yesterday that Dixie Carter will resume talks with both Corgan and WWE about the sale next week after Bound For Glory is over

? TNA wrapped up their week-long Impact tapings yesterday at the Impact Zone in Universal Studios in Orlando, Florida. The tapings were supposed to finish on Saturday however Hurricane Matthew disrupted some tapings and TNA had to add two tapings on Sunday to make up for the lost days. According to sources, neither Billy Corgan nor WWE financed the tapings. Both parties are in negotiations to take over TNA, with WWE interested in the video library and the name while Corgan is interested in taking over the rest and rebooting the company under a brand new name. All these tapings held during the past week will take TNA television through the end of 2016 and there are no more tapings scheduled. New tapings will depend whether Dixie Carter, as majority owner, keeps the company around. If she sells TNA and splits it between WWE and Corgan, these will be the last tapings under the TNA name.

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