There are a lot of rumors going around lately and it sounds like TNA is looking for potential investors. The detail that seems to be staying consistent with all of the rumors is that potential investors want to purchase 51% of the company so that they can have the controlling stake, but Dixie Carter doesn’t want to give up control of TNA.

Jim Ross touched on the rumors in his recent blog and he said that in the past Toby Keith was interested in purchasing the company, but Dixie didn’t want to give up control. You can read an excerpt from his blog below along with the full entry here.

“More unsettling rumors rolling out of Nashville regarding the financial health of TNA Impact Wrestling. Apparently a new investor or buyer is at play for the struggling company. Without significant, live event revenue and a viable, PPV component in the revenue mix it will not be surprising to hear of any pro wrestling company being in financial peril. I hope that the eventual fate of TNA is much different than those within the company and others close to the matter are saying. Nonetheless, it is somewhat obvious that the next few months are going to be crucial in determining the future of the company.

As I’ve said before, it may be best for the company to re-brand themselves and move on from the public perception that the brand currently has in the marketplace. New approach to their presentation based on the talents that they have to work with on a regular basis.

My Oklahoma friend Toby Keith had a legit interest in buying TNA in the past and he and I discussed my potential involvement of which I was interested working with Toby. He was ready to write a check but he had to have full control with no restrictions regarding creative, etc and that was not on the table.”