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More details on the update of the contractual situation of NXT UK have been revealed, according to a report from the Wrestling Observer Newsletter (subscription required). Dave Meltzer reports that the agreement between WWE and various promotions in the UK allows them to buy and close the promotion if they wish. wanted to.
"Part of the proposed and accepted WWE labor agreements provided that it would have the right, at the option of the company, to buy the companies at an agreed price (six figures high in at least some cases), and then close them so that they no longer compete "with themselves" with the idea that would come up when they were running full-time schedules in those markets. "
WWE has a working agreement with PROGRESS Wrestling and Scotland's Insane Wrestling Championship. Both promotions have commonly used the biggest stars of NXT UK as well as superstar Killian Dain at SmackDown. Previously, it had been reported that a list of "uncompetitive" promotions had been revealed, although the IMPACT fight was not part of it.
The current stars of NXT UK, including WWE Champion United Kingdom, Pete Dunne and Tyler Bate, have been granted permission to compete at Destiny Wrestling, although this is neither for live broadcast nor for the public.
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