Source: WWE.comWWE.com has posted an article with comments from WWE Executive Vice President of Talent Triple H in response to reports of FCW closing down.
"It is absolutely not true. FCW is not closing," Triple H said. "I don't know how the rumor started but I believe it's a situation where the 'dirt sheets' want to believe they have the scoop on everything. If anything, we are in the process of ramping up our entire developmental system. It's the lifeblood of our company. It's what feeds our future and in no way are we going to close it down."
Triple H went on to note that the territory may be relocated, or the TV tapings may be moved out of Tampa, and promised a major announcement about their developmental system after WrestleMania.
The report went on to take a swipe at Dave Meltzer of The Wrestling Observer, who initially broke the story, calling him "an unreliable online news source." However, Meltzer reported that WWE ended their relationship with television partner Bright House Network, which appears to be the case.
Meltzer's report from yesterday also did not state that WWE was doing away with developmental altogether, and noted that a developmental promotion may open in Connecticut and a second undetermined location. He also stated that Triple H wants the company to have a better system with significant improvements, which Triple H himself is saying.
"WWE's developmental system is being revamped, not shut down," said Triple H. "If anything, it's going to get bigger and better than ever."
Triple H also didn't deny that FCW would be moved, so obviously if FCW is moved out of Florida, then FCW in its current form would be closing. However, PWInsider reported today that the league may be moved somewhere else in Florida, likely to The Full Sail University in Winter Park. So while there may be some holes in the original report, to simply blast the original report as completely "erroneous" seems faulty.
Stay tuned for further updates on this story.
Raj Giri is the owner of WrestlingINC.com. Follow him on Twitter by clicking the "Follow" button: Follow @RajGiri_303
WWE Teasing Team BAD Interference In Beat The Clock Challenge, Sasha Banks Wants Title Opportunity
More Controversial Social Media Posts From WWE NXT Diva Zahra Schreiber Uncovered
WWE Live Event Results From Tallahassee (8/30): Braun Strowman Destroys, Heath Slater Attacks, More
Team PCB Reacts To RAW News, Daniel Bryan Buys A Composting Toilet, Hulk Hogan On Donald Trump
Inside Blue Pants' New Apartment (Video), WWE Fan Gets Seth Rollins Tattoo, NXT Events Sold Out
WWE Edits Brock Lesnar Vs. The Undertaker, WWE Star Wants Movie Role, Rusev Vs. Dolph Ziggler
WWE Working On A NXT DVD And Blu-ray Set?
Backstage Talk On The Undertaker Vs. Brock Lesnar Finish From WWE SummerSlam
Steve Austin Talks Getting Chewed Out By Vince McMahon After Brock Lesnar Talk, WrestleMania 32
WWE Monday Night RAW To Be Postponed Again Due To Storm? Arena Issues Statement
Nikki Bella Responds To Reports?, More On WWE's New John Cena Book, Road Warrior Animal Speaks
Video: Fan Incident With Dean Ambrose At WWE SmackDown Tapings (Updated)