TNA Sale Talks Continue, Who is the 3rd Party?

In this clip Arizona Verse discusses TNA’s Bound for Glory PPV nearly being cancelled this year while talks of TNA being sold have proved to be true.

Pro-wrestling circuit Impact Ventures secured enough cash Friday to proceed with “Bound for Glory” — its biggest pay-per-view event of the year — according to Impact president and Smashing Pumpkins front man Billy Corgan.

“It’s a go, as far as I’ve been told,” Corgan told The Post.

The cash-strapped producer of TNA Wrestling and Impact Wrestling — a minor-league version of WWE — kept fans guessing until Friday afternoon on whether the PPV event would be broadcast live on Sunday.

The wrestling organization spent much of the week negotiating with WWE and Corgan for a cash infusion to pay for “BFG,” sources said, but sources speculated the actual advance came from neither of those two but from an unidentified third party.

WWE and Corgan are expected to resume talks about a change in Impact ownership after the weekend’s broadcast, sources said.

Read the full article on the New York Post

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