-

NWA President Bruce Tharpe addresses the sale to Billy Corgan

NWA’s President Bruce Tharpe, who sold the rights to everything that involves the National Wrestling Alliance, said in a post on Facebook that the decision to sell to Billy Corgan came after “many weeks of negotiation and deep consideration.”

Tharpe said that Corgan is a very successful businessman and has a deep admiration and respect for the NWA. He added that with the capital and business acumen that Billy Corgan is bringing with him, he is confident that he can take the National Wrestling Alliance to the next level.

“I am not leaving wrestling – but after four years at the helm of the NWA – I look forward to stepping back and allowing someone new and passionate to take control of this great and noble organization,” Tharpe said.

The deal does not include the NWA video-on-demand service or any footage that is part of it. PWInsider.com adds that in the sale, none of the promotions or wrestlers were acquired. The NWA name is being licensed to several promotions across the United States and promoters pay a sum to carry the name.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
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!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

Over 12,000 fans at Raw tonight in Edmonton, five matches announced

Monday Night Raw rolls into Edmonton, Alberta, Canada tonight as over 12,000 fans will jam pack Rogers Place for...

WWE to produce custom side plates for titles featuring SEC teams

Last year WWE announced that it has signed a deal with the Major League Baseball to produce custom title...

Safe gambling: 5 quick tips for beginners

The online gambling industry is doing better than ever, and it is expected to grow in the near future....
spot_img