Big Update on TNA’s Financial Troubles and a Possible WWE Sale

According to a report from Dave Meltzer on Wrestling Observer Radio, TNA is running out of time on the opportunity to make a sale as they need money to fund their Bound For Glory pay-er-view (PPV) this Sunday, as well as all of next week’s Impact tapings.

The WWE is also reportedly back in the mix for a potential buyout but their only interest would be a hand-full of talent and the entire TNA video library. If WWE does in fact purchase TNA it would be the end of the promotion as we know it.

PWInsider’s Mike Johnson is also reporting that Dixie Carter has been in talks with the WWE over a potential sell for the past five days, however, the negotiations have gotten complicated and Dixie is still free to sell to whoever she wants. Billy Corgan still has a shot in the running for a sale, but Johnson stated that “the fuse on the TNA bomb is close to the end.” 

Could we be so close to the bitter end of TNA? Your thoughts?

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