— According to a report by SEScoops, Chris Jericho and Jim Ross are working with prolific agent Barry Bloom to launch a new wrestling promotion that will be financially backed by billionaire Shad Khan, who owns the Jacksonville Jaguars NFL team and an English Premier League team.
— Jericho and Ross are reportedly taking the lead in recruiting talent for this new promotion, with Jericho focusing on New Japan and Ross using his connections and sending out feelers to WWE talent. Bullet Club Elite members who are said to be on board include Cody, The Young Bucks, and Hangman Page. Meanwhile, Kenny Omega’s status is unclear, but members of Bullet Club Elite have always said that they will stick together when their contracts expire in the coming months and they have been hinting of something like this the last few weeks.
— As for a television teams, negotiations are reportedly ongoing with AXS TV, which already airs some NJPW matches and are said to be very interested in fast tracking this deal, but officials from AXS TV are currently denying any involvement. Jericho has not made any official comment on this matter, but as we have reported recently, his attitude towards WWE has taken a clear change in direction. Meanwhile, Ross has made several hints on his podcast of something big on the horizon, including speculating that a promotion could be build around Cody and friends.
— The timeline for any sort of a launch is said to be 12-16 months, bringing it into the late 2019/early 2020 time period. More on this story as it develops.