WWE Confirms Florida Developmental Territory Won't Shut Down

Contrary to online reports, World Wrestling Entertainment is not shutting down its developmental territory, Florida Championship Wrestling, says WWE’s Executive Vice President of Talent, Paul Levesque.

Levesque (known to WWE fans as Triple H) set the record straight when he spoke with WWE.com earlier today.

“It is absolutely not true. FCW is not closing,” Triple H stated. “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.”

While squashing the rumors of the FCW shutdown, Triple H addressed his plans for the future of the developmental division. “There are plans in the works, but nothing definitive I can discuss right now,” he said. “Shortly after WrestleMania, there will be a major announcement about our developmental system. WWE’s developmental system is being revamped, not shut down. If anything, it’s going to get bigger and better than ever. WWE Developmental cultivates the future talent of WWE. By no means is it going to get smaller or shut down.”