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Post by benstudd on Sept 28, 2016 17:57:21 GMT -5
At this point the smartest thing Corgan could do is start tapping his connections not for money to fund Bound for Glory, but to pull an exodus and take everyone he can with him to a new company without the same taint. If he's this passionate about being involved in wrestling then it's a smarter use of his money to have Aroluxe buy him out and pay him back however deep in he is, then turn around and take all the talent he can with him. Get investors for a new promotion without the same issues, try and get the Pop TV deal if the network president likes him so much, and do it without the baggage or absurd debt TNA's incurred. What I heard about Aroluxe is that they are still pissed off they have not been paid. They took some of ownership in the meantime. But their endgame is that they want their money however shape it come from. But knowing Billy and his worship of the history of pro wrestling, he wants the library too. BTW, Crap I'm getting a haircut Friday. This usually a sign of bad things. |
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FHgrad99
Vegeta
Never mind that s***, here comes Mongo!
Posts: 9,078
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Post by FHgrad99 on Sept 28, 2016 17:58:46 GMT -5
No matter what happens these next 48 hours or so, TNA will go down in history as the company that missed out on the most obvious opportunities to make money. Sure the Impact Zone gave them a home for a long time but what were they getting out of financially? If Billy Corgan somehow finds a way to keep TNA afloat past New Year's then he should qualify for sainthood.
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MiLB Fan
Fry's dog Seymour
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Post by MiLB Fan on Sept 28, 2016 18:02:06 GMT -5
Some friendly advice for Mr. Corgan as he considers how much longer he wants to fund this sinking ship:
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Push R Truth
Patti Mayonnaise
Unique and Special Snowflake, and a pants-less heathen.
Perpetually Constipated
Posts: 39,372
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Post by Push R Truth on Sept 28, 2016 18:02:18 GMT -5
The forum's reaction when TNA dies. After all the long years of strife and hardship, I think it will be more like: Except with more hairy aliens and robots. The Force Ghosts will be Macho Man, Eddie and Ultimate Warrior. |
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Post by Alice Syndrome on Sept 28, 2016 18:06:25 GMT -5
I hate that WWE would probably due to being publicly traded need to announce any sort of takeover like this right then, because picture how amazing it'd be to see BFG start then suddenly King of Kings starts up. See technically, that's if WWE buys it. What if HHH or Shane bought it out of his own pocket? |
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Push R Truth
Patti Mayonnaise
Unique and Special Snowflake, and a pants-less heathen.
Perpetually Constipated
Posts: 39,372
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Post by Push R Truth on Sept 28, 2016 18:08:31 GMT -5
Instead of buying his daughter a tongue, Slater shows up at Bound For Glory to tell the world he's buying TNA.
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Dragonfly
Unicron
...is no Barry Windham.
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Post by Dragonfly on Sept 28, 2016 18:12:44 GMT -5
TNA is for the kings and most sinister type of fans. The ones who want WWE style without WWE. The one who want WCW around but aren't sure why. Competition isn't the correct word here, as has been evidenced by their attempts at competing. Their identity is literally "almost WWE" That's also a problem though. There IS a market for a WCW in the pro wrestling world as an alternative to WWE that gives you the same WWE style, as opposed to the more niche markets of pro wrestling. There CAN be a number two promotion to WWE in the market and work. It's also the thing all the people who say "Why want TNA to go under and close up more jobs for wrestlers nationally!" need to understand: Not only is there a PLACE in the wrestling market for a WCW-type promotion, there's actually a NECESSARY place in the wrestling market for a WCW- and nature abhors a vacuum. If you are worried about TNA closing down due to putting the wrestlers out of work, just think back to 2001. WCW was bought by WWF, and there was a vacuum there- only more because ECW, the top "niche" promotion in North America, ALSO got bought by WWF and caused a total monopoly and vacuum for WWF. The end result in 2001? It wasn't closing up shop for the poor wrestlers. Instead: MECW opened. PWX opened. XWF opened. WWA opened. I'm sure I'm forgetting a few of the failed experiment promotions in 2001-02 and I'm sure one of the other historians can add more to the list- but a lot of other promotions tried to open up with the goal of bringing a WCW-style promotion back to prominence, and that kept going on and on for the next 15 months until TNA opened up and actually took root enough to become that "WCW-style" promotion. If TNA closes down? I can almost guarantee that the same aftereffect will ripple through the wrestling world as happened in 2001: A bunch of different schysters/conmen will open up promotions trying to be the "new TNA" and rival the WWE- and eventually, one of those promotions will take root enough to thrive...and in all likeliness, that promotion will AT LEAST pay their wrestlers, which TNA couldn't do. PWX? I'm not familiar with that one. Are you talking about IWC, the failed venture between then-NWA president Jim Miller (his home promotion was/is PWX in Pittsburgh) and DirecTV? I ask because I find that period of time to be genuinely fascinating. |
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Post by Final Countdown Jones on Sept 28, 2016 18:13:20 GMT -5
At this point the smartest thing Corgan could do is start tapping his connections not for money to fund Bound for Glory, but to pull an exodus and take everyone he can with him to a new company without the same taint. If he's this passionate about being involved in wrestling then it's a smarter use of his money to have Aroluxe buy him out and pay him back however deep in he is, then turn around and take all the talent he can with him. Get investors for a new promotion without the same issues, try and get the Pop TV deal if the network president likes him so much, and do it without the baggage or absurd debt TNA's incurred. I'm not a lawyer but that's probably not legal as long as TNA still technically exists. Also. Maybe not, but if their money mark walks and enough talents bail with him when BFG doesn't even happen, TNA's already in the kind of hot water where they wouldn't be technically existing for very long. By the time all the legal dust settles he'll be all set to start announcing shows. There's been mass exoduses in wrestling companies that weren't even dead before, and by the time TNA is a husk with no money and its television contracts voided by way of not having any programs to meet their commitments with, existing only for its creditors to come in looking to chow down on whatever scraps they can find, it's not like TNA can take any action against Corgan. I'm just saying, it'd be a smarter and more-likely-to-succeed way for Corgan to run his own wrestling company than to keep the dead horse on life support with his own money. |
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Post by thetower52 on Sept 28, 2016 18:20:14 GMT -5
I hate that WWE would probably due to being publicly traded need to announce any sort of takeover like this right then, because picture how amazing it'd be to see BFG start then suddenly King of Kings starts up. See technically, that's if WWE buys it. What if HHH or Shane bought it out of his own pocket? f*** it, no one else has said it yet. THE CONTRACT DOES SAY MCMAHON!! SHANE MACMAHON |
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Deleted
Deleted Member
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Post by Deleted on Sept 28, 2016 18:22:26 GMT -5
Yeah seriously at this point it will probably be easier for Corgan to start up his own company, and steal TNA talent once the company goes under. At least he won't inherit piles of debt and lawsuits. The Pop TV deal is an asset, but Corgan might have enough influences to get another one on an equally irrelevant channel somewhere.
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Deleted
Deleted Member
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Post by Deleted on Sept 28, 2016 19:00:59 GMT -5
If Corgan's saying, "There's no point if we're doing this again in two months," then... Why's he even considering it when he says himself in the article this is the fourth time in a row he's done it?
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Deleted
Deleted Member
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Post by Deleted on Sept 28, 2016 19:06:56 GMT -5
Here is a head scratcher: About 5 minutes of the Busted Open interview where he talks about trying to buy it and for how long it has been available. shared by TNA. Mike Johnson said he feels someone is trying to sabotage the sell, well, hard to argue. |
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Post by drjayphd (feat. Pitbull) on Sept 28, 2016 19:19:48 GMT -5
See technically, that's if WWE buys it. What if HHH or Shane bought it out of his own pocket? f*** it, no one else has said it yet. THE CONTRACT DOES SAY MCMAHON!! SHANE DECLAN JAMES MACMAHON Amended.  |
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Post by J Lee O'Brien on Sept 28, 2016 19:22:53 GMT -5
Here is a head scratcher: About 5 minutes of the Busted Open interview where he talks about trying to buy it and for how long it has been available. shared by TNA. Mike Johnson said he feels someone is trying to sabotage the sell, well, hard to argue. I sense the work of a trio... |
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Post by Captain Stud Muffin (BLM) on Sept 28, 2016 19:23:50 GMT -5
If Corgan's saying, "There's no point if we're doing this again in two months," then... Why's he even considering it when he says himself in the article this is the fourth time in a row he's done it?  Who knows. It would seem he thinks he's getting the company but then in another breath he doesn't. I think Billy is just along for the ride and if TNA tells him he's out of the running they can say goodbye to the money |
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Post by OVO 40 hunched over like he 80 on Sept 28, 2016 19:36:37 GMT -5
Naturally, the deadline is Friday. My birthday. Are you throwing not so subtle hints that you would like somebody to buy you TNA for your birthday? If we buy you a wrestling promotion you'll have to make do with something smaller for Christmas young man But we already bought the present, it's the IWA mid south pizza oven, it was more expensive than TNA. |
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Post by BlackoutCreature on Sept 28, 2016 19:44:50 GMT -5
Yeah seriously at this point it will probably be easier for Corgan to start up his own company, and steal TNA talent once the company goes under. At least he won't inherit piles of debt and lawsuits. The Pop TV deal is an asset, but Corgan might have enough influences to get another one on an equally irrelevant channel somewhere. Not to be a downer, but wasn't this Jeff Jarrett's original plan with GFW? |
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Post by tigermaskxxxvii on Sept 28, 2016 19:50:35 GMT -5
Wait, so Bound For Glory might not happen? So that means they introduced the Grand Championship, had the quarter and semifinals of the tournament for the title and then might close up shop before crowning the first champion? Out of all the LOLTNA moments, that might be the LOLTNA-iest.
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Deleted
Deleted Member
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Post by Deleted on Sept 28, 2016 19:57:37 GMT -5
Wait, so Bound For Glory might not happen? So that means they introduced the Grand Championship, had the quarter and semifinals of the tournament for the title and then might close up shop before crowning the first champion? Out of all the LOLTNA moments, that might be the LOLTNA-iest. I think BFG is likely to happen, even if it is a send off with WWE paying it. That would make the Grand Champion the new Cruiserweight Tag Titles. |
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Post by lildude8218 on Sept 28, 2016 19:59:46 GMT -5
Ezekiel Jackson will be the last TNA champion
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