According to The Wrestling Observer, talks are getting quite serious regarding TNA brining on a new investor, and as of now the new party wants to purchase 55% of TNA, but Dixie Carter wants that number reduced to 49% so she can keep controlling power of the company.
With Panda Energy no longer funding TNA, the company is working on its own money right now, which had made things very tight for TNA. The Observer added the new investors might already be working with TNA.
Income might be one of the leading reasons as to why the last set of Impact Wrestling tapings was not announced until the last minute, as Universal Studios requires a down payment for TNA to use their space. This is also a possible reason why the mid-April Impact tapings have yet to be announced.
Rumors of late pay in TNA still linger, and one contributing factor is revenue sharing with POP TV has been low, and due to low cable ratings, it has been difficult for POP TV to sell TNA-specific ads.
Nick was born and raised in Detroit, Michigan, and lived there until the age of 18, when he decided to pack his flack jacket and move to New York City.
