5 Star Wrestling Shuts Down, Issues Statement

5 Star Wrestling, who once offered CM Punk a million dollars to compete for them, has officially shut down. The news was confirmed by owner Dan Hinkles. The company had been building up to a huge 128-man tournament, which was moved from last summer to February. The tournament never happened and the venues for 5 Star events only had a small amount of people compared to the venue’s size. They also missed several dates in Manchester, Leeds, Birmingham, and Aberdeen. They said in a statement:

It is with great sadness that we announce that there will be no more 5 Star Wrestling events.

Fans need to contact their point of purchase for refunds. Pro Wrestling UK Ltd, the company running the events has been shut down. We're sorry to all involved.https://t.co/6ECAzRvSB4

— #5StarWrestling (@5StarWrestling) March 20, 2018

It is with great regret and sorrow that we announce there will be no more 5 Star Wrestling shows. All events are fully cancelled and ticket holders need to contact their point of purchase for refunds.

We are incredibly sorry that this has happened.

— #5StarWrestling (@5StarWrestling) March 21, 2018

Names to appear for the promotion included AJ Styles, RVD, Rey Mysterio, John Morrison, Drew McIntyre, Jay Lethal, Jack Swagger, Chris Masters, and Carlito. However, they never had enough fans to cover expenses. One talent told Wrestling Inc that he had to cancel his flight and appearance due to poor management, which didn’t make sure his appearance was booked and his flight was secured.