via www.pwtorch.com

View full size photo »

The Observer website has already posted spoilers for Monday's taped TNA Impact show.  Unsurprisingly the spoilers reek of the same overbooked nonsense that contributed to the demise of WCW.  The angles that most exemplify this failed desperation hotshot booking:

-  Eric Bischoff vows to shave Mick Foley's head and beard, but when he attempts to do so, Foley manages to turn the tables and shaves Bischoff's head instead.

-  Scott Hall gets $25,000 of Kevin Nash's money after he survives a five minute challenge, thanks to Sean Waltman handcuffing Nash to the ring ropes.

-  RVD gets revenge on Sting by sucker attacking him when Sting answers Hulk Hogan's challenge to come out and face him.  This leads to Eric "Do as I say, not as I do" Bischoff (him again) coming out and yelling at Hogan for getting physically involved again when he's supposed to be leading the company behind the scenes.

-  Finally, TNA gives away Jeff Hardy's debut match for free in the main event.  Moreover, Hardy defeats TNA World champion AJ Styles with his Swanton after a ref bump and special enforcer Abyss counts the pinfall.  But wait, don't turn the channel to Raw, there's more!  Yes, to close the show Abyss choke slams Ric "Whose the glorified stuntman now" Flair through a gimmicked stage, before threatening Styles.

If you are wondering why TNA are already so desperate, Dave Meltzer, gave the following key quote on the Observer message boards in response to a thread entitled "Why is everyone here so anti TNA?":

I get no glee out of TNA failing. I have friends who work there and if you know about their financial situation now, this is not looking good at all. They spent millions expecting a whole lot more return than they got.

Simply put, TNA are now losing tons of money again, after they managed to stem the bleeding through keeping their costs under control, moving to monthly PPVs, landing the Spike TV deal and expanding to two hours in prime time on Thursdays.  The stakes have been raised.  Dixie Carter may live to rue the day when she decided to go all in on the Monday night gamble.