TNA Ownership Announcement Expected Imminently

Is Dixie Carter finally on her way out?

Tna Wrestling
ImpactWrestling.com

TNA have endured a typically turbulent year, but after settling their lawsuit with former president Billy Corgan and fighting off extinction once again, PWInsider are reporting some good news on the horizon.

Anthem Sports & Entertainment are set to officially announce their purchase of TNA and parent company Impact Ventures from Dixie Carter imminently. The announcement will almost certainly remove Dixie from any position of power, and will see TNA move forward without the Carter family's involvement for the first time since 2002.

It's expected that Ed Nordholm will inherit Dixie's position as TNA's figurehead. Nordholm, Anthem's Executive Vice President, is said to be extremely business-oriented, and for a company that has been haemorrhaging money for years, this will be a welcome move.

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Carter has become one of wrestling's most maligned personalities throughout her custodianship, but if the report is to be believed, Nordholm is already being talked about favourably by several TNA talents. TNA have never been closer to going out of business than they were in October, but Anthem supplied the money to fund their vital year-end TV tapings, and completed their takeover in November.

TNA will move forward with all planned live events, and while it's tough to predict what 2017 holds, they'll at least start the new year on a positive footing.

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Channel Manager

Andy has been with WhatCulture for eight years and is currently WhatCulture's Wrestling Channel Manager. A writer, presenter, and editor with 10+ years of experience in online media, he has been a sponge for all wrestling knowledge since playing an old Royal Rumble 1992 VHS to ruin in his childhood. Having previously worked for Bleacher Report, Andy specialises in short and long-form writing, video presenting, voiceover acting, and editing, all characterised by expert wrestling knowledge and commentary. Andy is as much a fan of 1985 Jim Crockett Promotions as he is present-day AEW and WWE - just don't make him choose between the two.