Internal Changes Within TNA

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Big Red Machine
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Internal Changes Within TNA

Post by Big Red Machine » Sep 1st, '15, 17:56

Source: PWInsider

By Mike Johnson on 2015-09-01 18:42:03
As noted in the Elite section of PWInsider.com, over the last several weeks, there have been moves to re-organize aspects of TNA's business to bring them in-house as opposed to having them going through the Panda Energy offices.

TNA's payroll and legal departments will now be housed in house. The way that TNA was organized, when a check needed to be cut for TNA, the invoices would be sent to Panda's offices in Texas (and often scrutinized) before the checks were finally cut and mailed out.

Panda's normal course of business (and TNA not always being high on the list of things they needed to take care of) would often lead to delays, such as when they relocated offices and their payroll department was closed for several weeks. Many times when TNA talents were behind in checks, those working in Nashville would claim it was the outsourcing that caused the delays. Going forward, that won't be the issue. There had been some talk in the last week of talents being late on checks recently, but TNA sources in Nashville claim that everyone should be up to date as of today.

TNA's legal will also be in-house going forward, as opposed to being out of Dallas. The belief is this is going to help move things along within the company.

There's been a lot of rumors about Panda divesting themselves of TNA, but from what I am hearing, they will still be the owners while TNA operating more independently.
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Big Red Machine
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Re: Internal Changes Within TNA

Post by Big Red Machine » Sep 1st, '15, 17:57

Big Red Machine wrote:Source: PWInsider


There's been a lot of rumors about Panda divesting themselves of TNA, but from what I am hearing, they will still be the owners while TNA operating more independently.
All of this would also seem to make things more attractive to a potential buyer.
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