Tony Khan has bought ROH, official press release released
As previously reported, AEW President Tony Khan appeared on Busted Open Radio and revealed he’s been working on something huge for the promotion and hopes he’ll do it soon, but he’s not. sure that’s what fans would expect, although he knows it would be a big deal for pro wrestling.
Dave Meltzer of the Wrestling Observer then revealed that Tony Khan was in meetings all day Friday as he tried to put together the “massive” deal, but no further details were mentioned about what this is. “massive” agreement. Ahead of last week’s episode of AEW Dynamite, AEW President and CEO Tony Khan noted that he couldn’t reveal the “massive” announcement just yet, but hopefully he will be able to do so as soon as their legal team places them under NDA, which means he won’t be able to reveal all the details until it is finalized. Khan then noted that the “massive” announcement is a little different than anything they’ve done before, but it’s going to be awesome.
Tony Khan then returned to Busted Open Radio and provided another successful update on the “massive” announcement. According to Khan, fans definitely shouldn’t miss Dynamite this week because aside from a lot of great wrestling on the show, the announcement he’s been talking about for a while now will be revealed on the show and it’s not a particular bit. talent, it’s something that’s going to be very important in the world of wrestling and he’s thrilled about it.
The opening segment of last night’s episode of Dynamite saw AEW President and CEO Tony Khan thank the crowd and promise them the action will begin soon. Khan then declared that tonight would be the biggest night in company history and revealed that the major announcement was that he had signed a deal to become the new official owner of Ring Of Honor. Earlier in the week, it was reported that ROH and another promotion were in talks about a possible sale and it’s now clear that the deal was between AEW and Ring Of Honor.
An official press release was issued regarding Tony Khan’s purchase of ROH, in which it was stated that ROH’s entire video library as well as their brand assets and intellectual property were part of what Tony Khan had acquired and Joe Koff, Ring Of Honor’s COO, talks about how those currently involved in the promotion are thrilled to see how Tony is carrying on the company’s legacy.
ROH has been on a major hiatus since last December’s Final Battle PPV and the company will return to PPV on Friday, April 1 for Supercard Of Honor, which is their first event after a major hiatus. Before taking a major break, ROH announced that it would take time in the first quarter of this year to reinvent the company’s new direction and come back with a new fan-focused product as well as provide a unique experience. .
You can check out the full press release below, along with Tony Khan’s announcement: