TNA nearly had to call off their pay-per-view and Impact tapings due to financial woes

dixie1TNA CFO/COO Dean Broadhead revealed the sad state of the company’s finances in a post on his private Facebook page. Mike Johnson of PWInsider.com reports that Broadhead wrote on Facebook that he had to secure interim financing within a 12-hour window so that the production trucks would “roll” for Slammiversary and this week’s television taping. “Maybe it’s time to retire,” Broadhead wrote. “But maybe not until everything is in it’s right place.”

Powell’s POV: The temporary financing may have been in the form of Billy Corgan buying a minority stake in the company, as Johnson previously reported was in the works. It will be impossible for TNA officials to take their usual “nothing to see here” approach to stories regarding their financial woes when their own CFO put this story out there. One can only hope that Dixie Carter would sell a majority share of the company if there is a legitimate offer rather than bring the ship down with her.



The new edition of the Pro Wrestling Boom Podcast with Jason Powell features Ricky Starks on his NWA run, doing enhancement work for WWE, leaving NOLA due to Hurricane Katrina, the January 24 NWA Hard Times PPV on FITE.TV, his relationship with Nick Aldis, and much more...


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