A new blog has been posted over at JRsBarBQ.com. Here are the latest from Jim Ross regarding the TNA financial situation:
“More unsettling rumors rolling out of Nashville regarding the financial health of TNA Impact Wrestling. Apparently a new investor or buyer is at play for the struggling company. Without significant, live event revenue and a viable, PPV component in the revenue mix it will not be surprising to hear of any pro wrestling company being in financial peril. I hope that the eventual fate of TNA is much different than those within the company and others close to the matter are saying. Nonetheless, it is somewhat obvious that the next few months are going to be crucial in determining the future of the company. <
As I’ve said before, it may be best for the company to re-brand themselves and move on from the public perception that the brand currently has in the marketplace. New name..new philosophy..new approach to their presentation based on the talents that they have to work with on a regular basis.
My Oklahoma friend Toby Keith had a legit interest in buying TNA in the past and he and I discussed my potential involvement of which I was interested working with Toby. He was ready to write a check but he had to have full control with no restrictions regarding creative, etc and that was not on the table.”
– NXT star Austin Aries recently appeared as a guest on Fightclub Chicago on Chicagoland Sports Radio, and below is what Aries had to say about rumors of a possible TNA sale and the company’s reported financial issues:
“It always goes back to the ownership group. At the end of the day, you can change coaches and managers and players, but if there’s something intrinsic, something wrong, then you have to look at what the common denominator is, and, usually, you’ve got to look at the ownership because everything runs from there. All I can say is I hope they continue to remain a viable company where guys and girls can make a living and make money. The wrestling industry needs healthy, successful products and the more the better because that’s just more opportunities and jobs for the men and women who enjoy professional wrestling for a living.”