TNA Wrestling are said to still be in serious talks in regards to a new investor coming in, according to a report from The Wrestling Observer Newsletter who note that the company and Dixie Carter want the investor in at a maximum of 49% in order to maintain control in TNA Wrestling, however one investor is seeking 55% ownership of the company, while the company itself is said to be in a money crunch, living hand to mouth, so to speak and there is a feeling that the potential partner is already involved with the company to a small degree.
The report notes that the last set of IMPACT Wrestling tapings were not announced until the last minute and flights were not booked until late due to the fact that TNA Wrestling had to put a deposit down at Universal Studios, while there have also been reports of late pay once again from those that are still with the company and those that have recently left the company.
The report goes on to state that one issue in the company is said to be the revenue sharing with POP TV, which has been described as bleak due to the low numbers the company is pulling in and that it has been tough to sell TNA Wrestling specific ads, which are part of that revenues sharing deal due to the fact that it is hard to sell wrestling ads and due to the numbers being below the hopes of POP TV.