-

More financial problems crop up for Dixie Carter and TNA

Dave Meltzer of the Observer is reporting that TNA has amassed a total of $3.4 million in debt which is owed to Aroluxe Marketing, Anthem Sports & Entertainment, and its subsidiary MCC Acquisitions Corp.

Meltzer also adds that Carter has already sold some of its tape library to Anthem Sports & Entertainment to make up for a part of its debt. Anthem is the parent company of The Fight Network, the channel which airs TNA in Canada.

With some of its tape library already sold, WWE is unlikely to “go for the kill” now as they would not get complete control of the only prestigious thing TNA has as an asset. It’s not known what parts of the library has already been transferred to Anthem Sports & Entertainment.

Meanwhile, freelance writer David Bixenspan has discovered that the Davidson County Register of Deeds and the State of Tennessee has issued a tax lien against TNA on September 8 for back taxes that the company never paid. The state now has the right to seize control of any property that TNA owns if the taxes aren’t paid.

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

WWE Most Wanted Treasures S1 E8 rating

Episode eight of season one of WWE Most Wanted Treasures, featuring Big Show and Mark Henry hunting for Andre...

Essential tips to consider when playing baccarat

Do you know that Baccarat is one of the easy games you can play in a casino? It's pretty...

William Regal’s announcement to kick off NXT on USA tonight

Tonight's NXT on USA Network will deal with the fallout from Takeover: In Your House 2021 and William Regal...
spot_img