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WWE Planning to Buy TNA?

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(Photo via onlineworldofwrestling.com)

We did note that last week WWE has been rumored to bid on TNA to purchase them. Dave Meltzer from The Wrestling Observer  Radio has said that the bid is in fact a real offer coming from WWE.  It also sounds as if this is not a recent offer at all either.

WWE may just get the tape library, and close down the actual company like with WCW. Billy Corgan, the current TNA President, has already put in more money to get 30% ownership than WWE is willing to offer to get the entire package.

As far as the sale of TNA goes, Dave Meltzer says it’s between Corgan and a second party he’s possibly interested in. There’s just tons of NDAs in regards to this second party. It’s not Aroluxe who is the second party due to the fact they have a stake in TBA along with Dixie Carter and Billy Corgan himself.

Billy Corgan is hoping to  have a deal done on TNA ownership in time for Bound For Glory on October 2nd.

 

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Aaron Portier
Highly passionate MMA Journalist, and I've followed the sport ever since my favorite fighter, Vitor Belfort won the heavyweight tournament at UFC 12. After that I've tried to go to every local MMA event around the Gulf Coast and surrounding areas and decided to make it a point to have a career in some aspect in the fighting sport other than fighting in general (didn't want to ruin my face). I'm currently enrolled at Southeastern Louisiana University working towards a degree in Communication. I cover MMA, Boxing and Football for The Daily Star newspaper in my hometown of Hammond, Louisiana, in addition to working as a promotional writer for a local Boxing promotion known as BoxnCar and I cover boxing for 8countnews.com however SciFighting.com is my home. My main goal is to bring more publicity to MMA in my area and to the sport as a whole as all of us involved with the sport are merely scratching the surface and laying the foundation of what mixed martial arts competition will be further down the road.