WWE placing bids to buy out TNA?

[XII]

Y'all do this twice a year

Meltzer posts some doom & gloom speculation about TNA

WWE fans get giddy, start plotting on the roster and making dream matches

Dixie kicks out at 2.9999999999999999999999999 and y'all go back to pretending TNA is some trash indie fed

 

[The Rainmaker]

Let's hear what he has to say

 

[RammerJammer]

Also this:

TNA Sale Details ….. READ HERE.

The wrestling is world is awaiting news of TNA Wrestling impending sale, recent reports have Vince McMahon and the WWE as potential new owners but I’ve been told from a reliable source that the sale was actually completed last night, with Billy Corgan.

Now the sale is said to be extremely complicated with the level of debt at TNA being more than it possible sale value, from what I understand Billy Corgan is the new TNA owner and has put up the money for Fridays Bound For Glory PPV event, while no official announcement has been made it seems the likely reason that has Billy Corgan join several radio shows today and tomorrow.

Other rumours that came out this morning were that Vince and WWE had acquired the TNA video library to assist with the debts being cleared and Billy Corgan buying the company which includes the talent contacts, while this seems a good deal for everyone involved it seems a while too complicated to complete what with Aroluxe still owning part of the company aswell.

Now there is alot of rumours floating around, I can confirm the information is from a person working inside TNA who was told last night of the sale.

What will Billy Corgan has in store as the companies new owner ? Tell will tell but personally the wrestling world needs TNA around and health so it can be an alternative place for wrestlers to grow and develop, while giving us fans other options than a monopolized industry completely.

Now lets all get behind Billy Corgan/TNA and its resurgence starting this Sunday at Bound For Glory.

So if I'm reading this right based on the rumors, WWE bought the video library but Corgan bought the company?

 

[The Rainmaker]

So if I'm reading this right based on the rumors, WWE bought the video library but Corgan bought the company?

That's what the rumors (emphasis on that) say

 

[RammerJammer]

That's what the rumors (emphasis on that) say

Odd, that doesn't sound like something Vince would do but we'll see what Corgan says

 

[trick]

Let's hear what he has to say

This dude is posting updates and it looks like nothing can be publicized or finalized until the end of the week:

 

[dh86]

Y'all do this twice a year

Meltzer posts some doom & gloom speculation about TNA

WWE fans get giddy, start plotting on the roster and making dream matches

Dixie kicks out at 2.9999999999999999999999999 and y'all go back to pretending TNA is some trash indie fed

Meltzer has been 100% correct

 

[The Rainmaker]

This dude is posting updates and it looks like nothing can be publicized or finalized until the end of the week:

No more TNA rumors for me this week. Whatever happens, happens.

 

[RammerJammer]

Meltzer has been 100% correct

Plus this isn't a situation like the flagship show getting cancelled. The company is actually up for sale and if I'm not mistaken, Dixie ain't even with the company anymore

 

[dh86]

I think its going to be business as usual

Meltzer exact report

 

[SirReginald]

So, TNA is about to go under

 

[David_TheMan]

The money he fronted for shows he got back in equity in the company

 

[Here Comes the Pain]

If this is true and Dixie has been completely separated from the company I'll hop back on board.

 

[mrken12]

So, TNA is about to go under

Have you even looked at the last few posts?

 

[Reality Check]

Odd, that doesn't sound like something Vince would do but we'll see what Corgan says

One way I could see this happening if Corgan transfers all TNA contracts to a brand new promotion he launches that's free of the TNA stench. WWE would have the library up to a certain date and nothing to do with Corgan's future promotion.