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TNA looking for potential outside investors

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PWInsider.com is reporting that TNA is looking at several investors who might be interested in coming onboard and strengthen the company’s financial situation.

The company is owned by Dixie Carter’s father, Panda Energy, and now have total control over it after Jeff Jarrett relinquished his part following his shock return last year in exchange for promotion for his Global Force Wrestling organization.

TNA Executive Vice President, Creative & Talent Relations John Gaburick told PWInsider, “TNA has been in in strategic partnership talks with several major global media companies and investment firms about the company’s next phase of growth.”

Gaburick did not disclose any information apart from the fact that several key TNA officials have been in Los Angeles and New York, and said that it’s a very exciting time for TNA.

Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

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