TNA Bound For Glory Taking Place As Planned On Sunday

All of the recent speculation over the future of TNA Wrestling was scheduled to come to a head this weekend, and while there are still more questions than answers, one thing is for certain: the Bound For Glory Pay-Per-View on Sunday is still on.

TNA majority owner Dixie Carter sent out a tweet Friday evening addressing the speculation that the company's days were numbered, but telling fans in the Orlando area that they "do not want to miss" the Pay-Per-View and subsequent TV tapings, which are scheduled to be held through next Saturday. Those tapings are expected to cover Impact as it airs through December.

Still, where TNA goes from here is anywhere but certain. Friday had been referred to earlier in the week as a "point of no return" for the company, where TNA would either be boasting a new owner (most likely company president Billy Corgan) or ceasing all future operations. WWE was also rumored to be interested in purchasing the company, although that would be to own the tape library and not to run it as an independent promotion.

Still, no deal was made - instead, numerous sources are reporting that a unnamed third party (not Corgan) was responsible for a last-minute cash influx that has allowed the events to take place. Given that the same problems will prevent themselves for the next set of tapings, this is being seen more as a stay of execution than a solution to the company's woes.