Originally Posted by oneguy
Saying that it would have completely saved the company is a bit over the top. Simply having a lot of money does not necessarily save the company. If that were the case, TNA with the backing of Panda Energy would never have been in trouble in the first place. What does Toby Keith know about running a wrestling promotion? Sure he may be a huge fan, but so is everyone on this site. And with some of the stupid things people say on here, they obviously wouldn't do a very good job running a wrestling promotion.
Toby Keith might not know much about running a professional wrestling company...... but Jim Ross does, hence his inclusion in this story. Jim Ross isn't exactly charging fans for autographs these days to pay the bills, but he also doesn't have the kind of money to go in seriously on purchasing a professional wrestling organization. It's a very common pattern in the entertainment business- ownership groups will have the Celebrity Owner, the Whiz Kid they're bringing on board to run it, and the real money of the operation hiding behind other people.
Which again belabors the point- no one is saying that the Toby Keith group buying TNA would have totally/definitely/absolutely saved them from their current position.
What people are actually saying is that they wish they were living in the parallel universe where this deal went down, because they've seen what happened to TNA in our universe and it kind of sucked- and at the time this deal was being discussed, it was fairly obvious that its current ownership group wouldn't be the ones to turn it around.