It’s been a rough couple of months for TNA. They’ve lost a lot of talent such as Bobby Roode, Eric Young, Velvet Sky, and others.

Recently, there was a report claiming that the company had to move their offices to a warehouse and that time was running out to find new investors to keep the company going at all.

Finally, there is some good news to report as far as TNA Wrestling is concerned. Yesterday, it was revealed that a multi-million dollar investment company is negotiating to form a partnership.

According to WrestlingNewsSource.com, the investment company is Summit Strategic Investments. They famously bought and sold Segway a few years ago and received eighty million dollars from a group of investors to finance the purchase.

The firm has a very strong track record of turning failing businesses around to become highly profitable, which is exactly what the promotion needs right now.

The CEO of the firm is named Roger Brown, who’s brother, is the CEO of Aroluxe Media. In case you weren’t aware, Aroluxe Media is a production arm of Aroluxe Marketing which is an outsourced company that TNA uses to help produce Impact Wrestling every week.

Do you think TNA can recover and provide a great product?

MORE IN WRESTLING

  • Jim Ross Discusses His Thoughts On "NXT Takeover:Respect"

    Jim Ross Blogs Tribute to Joanie “Chyna” Laurer

    News
  • Rumor Killer: Jack Swagger Not Leaving WWE

    News
  • Hideo Itami “Almost” Ready For NXT Return

    News
  • Eli Drake Wins TNA King Of The Mountain Championship, Two Matches Set For Slammiversary

    News
  • Rumor: The Authority Returning on Monday Night Raw

    News
  • Former WWE superstar John Morrison (Johnny Mundo) Talks About if He'd Return to the Company or Not

    Johnny Mundo Comments Further on Recent Roman Reigns Criticism

    News
  • Dana Brooke Returns to NXT

    News
  • John Cena Wants a WWE Version of “American Grit”

    News
  • Bret Hart Discusses His Health, Criticizes Current WWE Product, Stephanie McMahon

    Bret Hart Reveals Who He’d Like to Wrestle From WWE Today

    News
  • Samoa Joe Reveals What Finally Convinced Him to Go to WWE

    News