Updates on the TNA Sale Situation, Dixie Carter and Billy Corgan, New Rumor on WWE’s Involvement

As previously reported, Dixie Carter held a backstage meeting this week at the Impact television tapings. The feeling going around the locker room is that, while Dixie addressed the situation head-on, nothing has been resolved.

We noted earlier that Billy Corgan was at the meeting, though he didn’t speak. We’ve recently learned that Corgan was in fact not at the meeting, and reportedly declined the invitation to attend. According to PWInsider, many talents have faith in Corgan and respect him as a straight-shooter. His absence from the meeting is said to have sent a message to everyone that the end could be near. There was real concern that Dixie was going to sell the company. She told talents at the meeting that she would not let the sale happen, especially to WWE, and also said there was no real chance of Bound For Glory not happening but multiple sources say otherwise..

There are rumors going around today saying WWE is purchasing the TNA tape library and that Corgan will be re-branding TNA as a new company. WWE Hall of Famer Jim Ross said that he heard a similar story from a reliable source but reiterated that this is just a rumor. While WWE has been in talks to purchase the library, this scenario seems unlikely as WWE wasn’t interested in making a deal without non-competes for Dixie and Corgan. Dave Meltzer of the Wrestling Observer Newsletter elaborated with this recent tweet:

@davemeltzerWON Why doesn't Dixie sell TNA to WWE and use the money with Corgan to start a new company?

— Peter Ohara (@peterohara95) September 28, 2016

WWE isn't going to buy without a non-compete and what they are offering is very little. https://t.co/3whiVDDVv1

— Dave Meltzer (@davemeltzerWON) September 28, 2016

Follow Marc on Twitter at @this_is_marc. Send any news, tips or corrections to us by clicking here.

Breaking RAW News, Triple H Pushing for Major Heel Turn – Happening on RAW?, Samoa Joe’s Main Roster Debut, WWE Stars Upset Over Lesnar, Vince McMahon Disses Reigns, Kevin Owens Push Plans, WWE Doing RAW vs. SmackDown Matches Soon, WWE Veteran Returning Soon, Big WWE Title News Revealed, Must See New Diva Bikini Galleries, Dana Brooke – Triple H Report, Bad News for Reigns’ Push?, HHH Low-Balling WWE Stars on Money?, Must See New Lana & AJ Lee & Maryse, Lots of New GIFs& Exclusives, More