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Tony Khan Reveals The Sale Of ROH Has Officially Closed

It was teased for months that AEW President and CEO Tony Khan will make a huge announcement regarding something massive he is working on for the promotion, but he is not sure if it is what the fans would expect, though he knows it would be a big deal for professional wrestling. The opening segment of the March 2 episode of AEW Dynamite would then see AEW President and CEO Tony Khan kick the show off with a bang by first thanking the fans at Daily’s Place in Jacksonville and promising them that the action will soon get started. Tony Khan then said that this would be the biggest night in the history of the company and revealed that the major announcement is he signed a deal to become the brand-new owner of ROH.

Tony Khan mentioned on a press release that the influence ROH has had in pro wrestling will always be a part of the industry’s history and with his acquisition of the promotion, he will ensure that their legacy will be kept alive and treated with the utmost respect. The new owner of ROH also said he will immediately begin exploring opportunities to make ROH’s video library available to fans, so that they will have the opportunity to witness how the careers of some of AEW’s biggest stars began.

AEW President and CEO Tony Khan, who is also the owner of ROH, recently took to Twitter and announced that yesterday, May 4 was his first day as the official owner of ROH and the sale of the promotion is officially closed. Prior to the announcement being made on AEW Dynamite, Khan noted that he can’t yet reveal the announcement as their legal team has put them under NDAs, but hopefully he will be able to soon.

One of the things that AEW wanted as part of their purchase of ROH was the tape library as it was the most important part of the deal for them especially since the company wanted some sort of a streaming service and since ROH has a lot of footage, that is definitely a huge factor in that happening. Also, Ring Of Honor owning the footage for ALL IN, which was an extremely important night for AEW’s history played a big factor in the sale going through.

You can check out Tony Khan’s tweet below:

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