Backstage Update – The Potential Sale Of TNA Wrestling

< * TNA has been working on the situation for some time. As previously repor/ ed, Billy Corgan bought into the company prior to the last tapings and is a minority owner. Aerolux has also put money into the company, and is also a minority owner. * They say that those close to the situation have said that the sale is closer than ever. * The company is running “business as usual,” and talent has been paid on time. The issue has been the money for the TV tapings, which led to Corgan’s investment last month. *

The Devastation is just heartbreaking in LA…..of course we here so much about the people that have lost… https://t.co/kSGcEn7HoS

— Steve Caporizzo (@SteveCaporizzo) August 17, 2016

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