ALL ELITE WRESTLING will go bust if they stop running weekly shows during the coronavirus pandemic, it has been claimed.
The Tony Khan-backed promotion have emerged as rivals to WWE since their formation at the start of 2019.
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After capturing Chris Jericho, they soon followed that up by signing Jon Moxley, the AEW Champion, and fellow legend Matt Hardy from Vince McMahon’s clutches.
However, like WWE, they have been forced to perform in front of no fans over recent months following the outbreak of Covid-19.
Due to big-money TV deals, both companies have pressed ahead with their tapings despite the global health crisis after being deemed essential business by politicians.
However, after a spike in positive tests in the Florida region and a number of WWE staff contracted coronavirus, both are under pressure to stop.
But Wrestling Observer’s Bryan Alvarez claims AEW would fold if they did.
He said: “If AEW stops running shows, they are almost certainly going to go out of business.”
Alvarez stated TNT wouldn't pay their rights fees if they decided to shut things down while the situation unfolds.
And he added that AEW does not have the same financial resources as WWE to ride out the storm.
However, he also says AEW are doing a better job than most by trying to ensure they continue the show in the safest manner possible.
They have been testing talent at every set of TV tapings for months.
But they have been rocked this week when champ Moxley was pulled off TV due to his wife Renee Young, a WWE announcer, confirming she was one of several of McMahon’s employees to test positive.
Young’s husband, better known as Dean Ambrose to WWE fans, is still scheduled to defend his title at rival promotion AEW’s upcoming Fyter Fest on July 8 against Brian Cage.
That is despite him being pulled for this week’s episode of Dynamite due to self-isolating at home with his wife in order not to risk spreading it.
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