BREAKING NEWS!
5 Star Wrestling has gone under. Shawn Michaels said, "This was the worst managed Federation I have ever been apart of, or even heard of for that matter."
The owner of XWA was quoted saying, "Its unbelievable that it couldn't get off the ground, they had talented writers and wrestlers, but I guess they were just miss managed since day one. I think thats what separates us from the competition, we know exactly what were doing and when were doing it. I hope CWE the best, but thats yet to get off the ground as well."
5 Star Wrestling is said to go bankrupt because they paid all these wrestlers and never got any money back because they had no shows, no booking, and no money to do anything.
Wrestlers among the Federation our nervous about there jobs seeing as they are all free agents now, but CWE and XWA still have 13/12 spots that they can sign in Free Agency, but that leaves alot of people job less. One wrestler not nervous is Brock Lesnar who has signed with the UFC, so he will no longer be a free agent.
XWA needs competition, the only question is now, who's going to give it to them?