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?