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 Money trouble for ROH?

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The Sports Guy
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PostSubject: Money trouble for ROH?   Money trouble for ROH? EmptyFri 21 Aug 2009, 2:28 pm

In a situation eerily similar to what we saw when the original ECW was going out of business, paychecks issued by Ring of Honor have been bouncing. Several of the wrestlers that tried to cash their checks were told that there was insufficient funds in the ROH account to cover the amount on their checks.

For the checks to bounce, that must mean that the company is extremely low on cash right now.

Cary Silkin, the man who took ownership of the company after founder Rob Feinstein, was able to secure some money to cover the checks that he issued to the wrestlers. No word yet on how he was able to secure the money.

For those of you that don't remember, shortly before ECW folded, Paul Heyman was having trouble paying the wrestlers. Several wrestlers have came forward and stated that they went several months without being paid.

With rumors floating around that ROH could be very close to shutting down, any incident involving money is going to add more fuel to the flame.
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PostSubject: Re: Money trouble for ROH?   Money trouble for ROH? EmptyFri 21 Aug 2009, 2:31 pm

This is why ROH needs a primetime TV deal.. that means more watchers.
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PostSubject: Re: Money trouble for ROH?   Money trouble for ROH? EmptyFri 21 Aug 2009, 2:33 pm

they need to get out of the old ECW Arena first
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PostSubject: Re: Money trouble for ROH?   Money trouble for ROH? EmptyFri 21 Aug 2009, 2:33 pm

Why are they in the old ECW arena to begin with?
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PostSubject: Re: Money trouble for ROH?   Money trouble for ROH? EmptyFri 21 Aug 2009, 2:49 pm

theyre based out of Philly, and thats where they have the tv tapings
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MkGtOmEr
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PostSubject: Re: Money trouble for ROH?   Money trouble for ROH? EmptySat 22 Aug 2009, 7:52 pm

It's been said that Vince is looking very closely at ROH's slow death, & if it does go under.. WWE might be signing some of ROH's main event talent`
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PostSubject: Re: Money trouble for ROH?   Money trouble for ROH? EmptySat 22 Aug 2009, 8:21 pm

It shouldnt be THAT big of a deal if Cary was able to secure money that fast, it is when he cant secure money at all is when your in trouble, example being Heyman not paying his talent for several weeks and the wrestlers had to resort to working for free. The DVD sales and ticket sales do well for the most part. My suggestion is to travel to the untapped midwest and western markets for revenue, which they are already starting to do.
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