WWE NEWS: Former Champion Says GOODBYE To The Company… See What Happened

It is well known that the current issue between newly promoted “Global Force Wrestling” and its world champion Alberto El Patron has had an adverse effect on the growth of the company. It has been observed that the company has had a slow start, following it compounded problem. Global Force Wrestling took over from TNA Impact Wrestling after pushing it away from business.

The company has lost two of its wrestlers in less than a week and this has stirred serious issue, first it was Magnus that left the company and now, Matt Morgan has parted ways with GFW and it is all due to them changing their agreement with him.

Matt Morgan, back in February in his social media accounts told fans that he will be returning to wrestling, though he didn’t give hint on which promotion he would return to. But it was observed that his decision favoured Global Force Wrestling.

According to news crew, Morgan has requested his released from GFW. The two-time TNA Tag Team Champion returned in early April, but he’s already done with the company less than four months later, with very few appearances under his belt. His decision to leave was triggered by the way his contract with the company has been handled.

He said, “Here’s the deal. I made an agreement to wrestle with them on weekends, right? Where I didn’t have to leave my 9-5 job, anything like that. And unfortunately it just didn’t work out because they switched it and they started taping on week days and they’re looking to travel.

“So when I first talking to Jeff [Jarrett] about this, the idea was you know, you guys are 20 minutes from my house, you guys are there on the weekends. As long as you guys are there on the weekends I can do this.”

The loss of Morgan is far from the only departure that is huge for Global Force Wrestling. As reported by Cageside Seats, former TNA and GFW World Champion Magnus (Nick Aldis) just left in the last week after turning down a new offer from GFW.

Magnus was originally working with TNA on a handshake deal to help “protect the lineage of the GFW Title” and pass it onto Alberto El Patron. Upon being offered a new deal, he likely turned it down due to the company wanting 10 percent of any money that the wrestler made on independent bookings. GFW also wanted 100 percent of all money from merchandise sold with their likeness.