Sunday, November 29, 2020

Impact Wrestling Acquires Global Force Wrestling

Impact Wrestling sent out a press release on Wednesday announcing that parent company Anthem Sports & Entertainment has entered into an agreement to acquire Global Force Wrestling. As part of the transaction, Jeff Jarrett, the founder of both Impact & Global Force, will join Anthem Wrestling Exhibitions as a member of its board of managers, equity owner and Chief Creative Officer.

Jarrett launched Global Force Wrestling back in 2014 after leaving Impact, then known as TNA Wrestling. The promotion aimed to collaborate with various wrestling companies around the world and they even shot a series of TV shows hoping to land a national television deal, which never materialized. They ran live events at baseball venues across the United States, but the company’s prospects appear to bottom out when Jarrett wound up using the Global Force brand name to sell gold to marks looking for the investment opportunity of a lifetime.

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In the main event of Sunday’s Impact Wrestling Slammiversary XV pay-per-view, Alberto El Patron defends the Global Force Championship against Impact Champion Bobby Lashley in a title unification bout.

https://www.youtube.com/watch?v=OkIALt7bzSo

Here’s the official announcement:

IMPACT Wrestling Acquires Global Force Wrestling

NASHVILLE | TORONTO – Anthem Wrestling Exhibitions LLC, a subsidiary of Anthem Sports & Entertainment Corp. and parent company of IMPACT Wrestling, announced today that it has entered into an agreement to acquire Global Force Entertainment, LLC d/b/a Global Force Wrestling. Jeff Jarrett, the founder of both IMPACT Wrestling and Global Force Entertainment, will join Anthem Wrestling Exhibitions as a member of its board of managers, equity owner and Chief Creative Officer.

“We are thrilled to be joining forces with Anthem as a partner to build the business,” said Karen Jarrett. “This partnership will be complementary of our strengths and bolster our capabilities to grow the IMPACT Wrestling brand. Ed Nordholm as President and Jeff Jarrett as Chief Creative Officer make a great tag team”

“We are excited by the progress we have made with IMPACT Wrestling since acquiring the business in January,” said Ed Nordholm, president of Anthem Wrestling Exhibitions. “Jeff and his team have been instrumental in this success and we are pleased that we have reached an agreement on the basis of which we can combine our businesses to continue to grow. Slammiversary XV will be a fitting occasion to bring the promotions together and merge the titles under the new IMPACT combined belts. By combining our resources and talent, we can produce the best product for our global audience.”

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