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.



Jason Powell and Jake Barnett co-host the Dot Net Weekly and Pro Wrestling Boom Podcast combo show and discuss Raw Underground and other WWE concepts, The Rock's group buying the XFL, the Marty Jannetty story, AEW Dynamite and NXT TV, and more...


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