UPDATE: According to a “veteran TNA talent,” everyone in TNA is nervous about the company’s impending sale. The situation is described as a “new level of concern” above and beyond the usual uncertainty about the company’s status.
Several wrestlers who were booked for next week’s iMPACT! tapings have had their flights and matches canceled, with the aforementioned source saying he wasn’t even sure if he would be on the Bound For Glory card because the company was trying to save as much money as possible.
ORIGINAL: Here are some new details on TNA’s potential sale, which is obviously the big story over the past several days. According to reports, Billy Corgan has a net worth of $40 million, but as Corgan told Busted Open Radio he is bidding on his own and has no investors.
While the potential sale price of the company is not known, TNA has had enough financial trouble that Corgan becoming the new owner would not solve all of those problems. At the last iMPACT! taping, checks that were long past due were being signed, validated and distributed as TV was going on.
There aren’t any further details at this time regarding what the chances of WWE have at buying the company although as has been reported, they have been involved in bidding.
