Dave Meltzer Explains Why TKO Is “Billions in Debt” Despite Being Profitable While Discussing Tony Khan’s AEW Finances

For all wrestling enthusiasts, the announcement that the UFC and WWE would work under one umbrella called TKO was definitely huge news.  Because of this, most of us have thought this was a huge step taken by all the stakeholders in terms of profit maximization. And of course, the prime intention of that was to bank big.

Even though the merger bears fruit, Dave Meltzer’s response to a wrestling fan explains why it is still in huge debt. Moreover, he gave an example to explain how AEW’s differing strategy has helped them remain successful.  So what is this story all about? Let’s find out.

Dave Meltzer gave the example of the biggest hurdle for TKO

The veteran journalist, as always, responds to various wrestling fans through X. Well, a fan was doubtful that Tony Khan is not judicious with his money and that AEW could face some financial problems in the future. He also said that Khan injects cash into AEW on a semi-regular basis and wanted to know how the AEW boss could manage the budget in the future.

Responding to that, Meltzer gave the example of TKO. He said, “TKO is incredibly profitable but they are billions in debt due to past UFC loans. It could cost them $200 million just paying interest on the debt this year. Those are factual numbers in the SEC filings.”

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With his response, Meltzer certainly does not agree with the point that was highlighted by the fan. The journalist also highlighted the UFC’s past debts to defend his statements. According to the 64-year-old journalist and sports historian, Tony Khan’s decision to avoid external debt is the key difference maker. Well, if Dave Meltzer believes so, then AEW might be following the right path.

AEW reportedly once surpassed WWE

There are numerous metrics used to determine the superiority of a wrestling promotion. The ratings are the most used benchmark to determine this; however, once AEW crossed WWE because of a different benchmark, which is attendance.

Do you remember the AEW All-In pay-per-view? The event in Wemley reportedly broke WWE WrestleMania 32’s record for the most tickets ever distributed for a pro wrestling event.

Even a few days before the event could take place, AEW sold more than 80000 tickets and had nearly 5000 available seats back then. Even the headliner of MJF vs Adam Cole could have propelled the event towards the frontline.

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Considering all the factors mentioned above, do you agree with the fan or with Dave Meltzer? Comment down below.