Recently, TNA has been under the grasp of financial problems. Earlier this year, due to lack of cash, they were forced to shift their headquarters to a warehouse. As the company were unable to pay the check to few wrestlers, even they decided to part ways from TNA.
Few weeks ago, it was reported that some workers from TNA’s April tapings are yet to be paid. Then, news spread through the social medias that TNA was facing a lot of financial troubles before the telecast of their annual pay-per-view, Slammiversary.
TNA Chief Operating Officer, Dean Broadhead said he logged more than 80 phone calls to attorneys, bankers, vendors and employees between Thursday and Friday to secure ‘interim finance’ for TNA.
Amdist several issues in the company, four wrestlers decided to re-sign with TNA this weekend. As reported by allwrestlingnews.com, TNA Grand Slam Champion Abyss, Rosemary, former X Divisoion Champion DJ Zema Ion and legendary Al Snow will be staying with the company through its hard days.
Al Snow was recently in the news for expressing his contempt for the presumptuous fans of pro-wrestling and his opinion that Vince McMahon wanted TNA to succeed secretly, as he enjoyed the competition.
TNA President Dixie Carter may have to give up her creative control over the company as most of the potential investors are demanding majority control. Although, several deals in the past were rejected by Carter as she is unwilling to give up her majority share.