According to Dave Meltzer, the investment group that is in the running to buy into TNA is Aroluxe, a Tennessee-based marketing company. Two of the main officers are Ron and Don Harris, who have worked with TNA in some capacity since the beginning of the company.

Aroluxe put up the money for the last set of of TV tapings and probably this week’s tapings. They believe that they’re buying the company. Dixie Carter reportedly does not want to sell a majority stake, instead preferring to keep 51% and sell 49%. In Meltzer’s words, “We are closing in on the moment of truth.”

TNA is out of money after Panda Energy pulled funding after about 13 years, and has a number of outstanding debts owed.

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7 COMMENTS

  2. Dixie has done a great job for TNA.

    Love her or hate her (most do hate because she is a woman and guys aren’t secure enough in themselves to accept it) TNA wouldn’t exist today if not for her.

    Wanna talk failed leadership? Let’s talk about wrestling on Mondays once getting 10 million people, and now struggling for 3 million.

    That’s 70% of the Monday wrestling audience gone, people.

    If you are going to knock Dixie, and I see people call her the C-word, over THEIR numbers – then look at the numbers WWE has lost.

    Heck even forget that – look how BAD WWE is now – look at all the companies Vince killed in the 80s.

    Look at the state of pro wrestling now compared to like 1984.

    Getting their measly 2.5 million viewers is no reason to praise WWE and act like they are above criticism, especially when you compare WWE to itself 10 years ago, or 15 or 20 years ago. (The Universe always ignores this or won’t address it).

    2.5 million sounds great – until you realize Monday nights used to get 10 million.

    7.5 million viewers gone – doesn’t sound so great anymore, does it?

    Hating TNA is ignorant, why hate a company like TNA, ROH, or NJPW, or LU that just doesn’t have the resources to compete with WWE?

    You can talk numbers all you want – I can ignore those and just look at the products and there is nothing concrete you can tell me that TNA is doing wrong right now that makes them worse than WWE – think about that a second.

    History will show, WITHOUT A DOUBT, Vince has hurt the industry more than Dixie has, or ever could.

    You wanna talk truth?

    You just been hit over the head with it.

  3. Things getting interesting for, over the last couple of years, the best brand in the biz!

    THANK YOU, DIXIE!!!

    I LOVE YOU!!!!

    🙂

  4. WWE had EC3 and they let him go.

    Their loss.

    EC3 was a world champ.

    Way to stick it to them.

    Now he’s in the best brand in the biz.

  5. WWE has failed leadership – what else would you call losing over 70% of the Monday Wrestling audience.

    Think about it.

    PLUS losing about a million ppv buyrates for Wrestlemania….ppv buys that were $60 bucks a pop.

    WWE: Failed leadership at its worst.

    And Levesque isn’t any better.

  6. The pops for the former NXT guys were weak on last night’s RAW.

    Shows that they are only over with marks, and have NO mainstream appeal.

    And I mean NONE!

    TNA is better.

    AND YOU

    CAN’T

    TEACH

    THAT!

  7. I was watching RAW – I watched it in like 30 minutes – being I dvr’ed it and pretty much fast forward the matches just to see who wins.

    But I was looking at Joey Anoa’i and that DUMB DUMB:

    “I’m not a a good guy, not a bad guy…blah blah blah THE guy” crap.

    And he can’t wrestle or talk on mic – other than that he is ok – lol

    I don’t know how WWE latches on to people, and it is obvious their “universe” hates them, and they shove them down their throats.

    They say he is another Cena as far as reaction goes.

    More of that same stuff.

    But here’s a novel idea.

    How about as far as their world title goes….

    ACTUALLY…HAVE SOMEONE AS CHAMP…..get this…

    …PEOPLE ACTUALLY LIKE????

    Why not try that for a change.

    But you got two guys fighting at Payback that both stink on mic – one guy is hated by EVERYBODY -and one guy is only over with smarks.

    WWE is seriously poorly managed – then they wonder why they are losing ratings.

    The IWC can go gaga for these NXT guys all they want – they will never have the mainstream appeal of a Hogan, SCSA, or Rock.

    Remember this post.

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