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Muur

TNA evicted from their offices due to having no money

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TNA Wrestling's fortunes could be able to take a turn for the better with the news that a multi-million dollar investment company could be about to enter into a partnership with the troubled wrestling promotion.

 

The investment company - Summit Strategic Investments is the same one who bought and sold Segway after the owner died, they sold it two years later. the buyers received $80 million from a group of investors to finance the purchase, according to USA Today.

 

The company also has a strong track record of turning around other failing businesses such as Fisker Automotive in 2015 with the help of their partner, Wanxiang. The CEO of SSI is named Roger Brown. His brother, Jason Brown, is the CEO of Aroluxe Media the outsourced company TNA uses to help produce Impact Wrestling.

 

Aroluxe Media are the production arm of Aroluxe Marketing - neither have reportedly had any talks to buy a stake in TNA although as we have previously reported former TNA names Ron Harris and Don Harris work for Aroluxe Media and should SSI strike up a deal with TNA both will stay in their current roles.

http://www.wrestlingnewssource.com/news/42274/Top-Investment-Firm-In-Talks-To-Become-Partners-With/

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The Wrestling Observer Newsletter is reporting TNA Wrestling is trying to restructure the contracts of some or all of their top stars so TNA can control their booking.

 

Its believed that TNA started doing this with the idea that the companys impending sale will give TNA more value if they have more control over top talents bookings, instead of the talent previously booking events on their off days. Newer contracts signed by talents saw TNA be in charge of non-TNA dates, and the deals are said to be for significant money, and TNA is also offering large money deals to non TNA contracted talents, which they had been doing several months ago.

 

Its unknown if TNA will look at a house show tour now that they will be controlling talent bookings, because details about the possible sale are being kept quiet. According to one source, it was said that if and when the sale is completed, TNA could see a new investor will a big stake in the company, but Dixie Carter and John Gaburick would still be in control.

http://www.wrestlezone.com/news/706013-update-on-tna-wrestling-acquiring-a-new-investor-what-is-being-done-to-make-the-company-more-valuable

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They will never get anywhere as long as Dixie is there but that's their business.

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I doubt Dixie even cares anymore. She's set for life and just does whatever and collects her paycheck until the wheels fall off.

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