Friday, April 22, 2016

Investment Company In Talks to Partner With TNA

TNA is in talks with a multi-million dollar investment company to partner with it. Pro Wrestling Sheet reports that Summit Strategic Investments, who bought and sold Segway, are in talks for the partnership. The site reports that SSI has a successful track record of “transforming troubled assets,” having bought Segway and selling it two years later after having resurrect it.

The CEO of SSI is Roger Brown, whose brother Jason is the CEO or Aroluxe. Aroluxe, as you may recall, were reported earlier in the week as financing TNA’s production expenditures. According to PWS, Aroluxe is the production arm of Aroluxe Marketing and that neither are in talks to buy a stake in the company.

There’s no word on how much stake SSI is looking to buy at this time.

Opinionated View- Lots to consider here. First and foremost it's just a rumor until we see/hear something official. Hell wasn't this week supposed to "some company TNA works with can take control unless Dixie pays _____." The potential good is tons of money that could allow TNA to so some major work go after any free agent or indy star get back to house shows.

Potential drawbacks for all we know how ever winds up in charge  (If it's not Dixie) decides they want change TNA and start making it like WWE with a bunch of old guys. Or tries to make it like Lucha Underground because "Wrestling needs to be changed." But until something happens it's anyone's guess.

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