TNA president Billy Corgan has openly stated that he wants to purchase the company, but one person in his way is Dixie Carter. TNA’s shareholders currently consist of Carter, Corgan, and Aroluxe Productions. The latter two shareholders got their stakes by providing emergency funding for tapings and a pay-per-view. Without their funding, the shows wouldn’t have happened and TNA could have gone under. The cost for TNA to run a set of tapings falls in the ballpark of three quarters of a million dollars.

According to Dave Meltzer of the Wrestling Observer Newsletter, Dixie Carter wants at least $4 million for her share of the company. Aroluxe tried putting together a deal to buy out the company this summer, but they weren’t able to raise the funds.

Corgan indicated in a recent Facebook live chat that he plans to take full control of the company and use his celebrity status to build better relationships with advertisers. One of the issues TNA currently faces is a lack of advertising revenue.

5 COMMENTS

  1. Dixie’s $4 million asking price is way to high for her shares. Just because you put in and probably wasted that much doesn’t mean you’re going to get more or the same amount back.

      • Listen up TNA fanboy! Anyone with a brain, common sense and a somewhat knowledge of stocks will tell you the same thing. The $4 million is what Dixie wants but the actual price for her shares is less than half. The pro wrestling business isn’t a hot investment at the moment and TNA being dropped from their last couple of TV deals for constant poor ratings, low merch sales and low ticket sales has made that company unattractive to major networks. TNA has had more debt than profit and has come close to going bankrupt on a few occasions. The tape library is worth more than the company but thats still no where near what Dixie is asking for. Good luck to TNA but its simply running on fumes.

  2. Pay her off, and get her the hell out.

    If TNA does this then maybe, just maybe they can grow to be the viable alternative that wrestling desperately needs. It will still take years though.

  3. Yep the stupid WWEeeeeeee fanboys dropped the ball on this one for sure! If they would’ve supported TNA and made it over time a WWEeeeeeeeeee competitor, over time both companies would’ve benefited but no the WWEeeeeeeeee fanboys had their noses stuck up Vince’s old rearend that they dropped the ball. Sad now look at what you got. The same crappy WWEeeeeee shows week in week out and boring pay perviews not even worth reading about. Oh no he’s trolling again and telling the truth, oh man here comes the butthurt WWEeeeeeee fans crying again! But competition makes anything get better over time! Duh! So on to the commercial shows to sell you the next crappy pay perview!

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