There are few wrestling companies on the planet who are not reviewing their position either in terms of operations or talent relationships in the light of the #SpeakingOut movement that brought to light a huge number of disturbing allegations within the wrestling industry.
One of the promotions flagged up was Pennsylvania-based Chikara. As a result of numerous allegations against their founder Mike Quackenbush, the promotion will be discontinued with immediate effect.
This was announced by Quackenbush on Twitter and the moves will also see Quackenbush step down as head trainer of The Wrestle Factory training school.
The statement in full read:
“I have been made aware of recent allegations about myself, and people in my employ.
“I take all allegations seriously – whether they are about me, or members of my team.
“Addressing these with openness and transparency is of the utmost importance to me. So these matters can be given the proper time and attention, I am discontinuing CHIKARA and resigning as head trainer at the Wrestle Factory.
“I’ll make a full statement on these matters in the near future.”
Chikara was launched by Quackenbush and Reckless Youth in 2002 and was famous for its annual King Of Trios tournament.