UK TimesUK Times
  • Home
  • News
  • TV & Showbiz
  • Money
  • Health
  • Science
  • Sports
  • Travel
  • More
    • Web Stories
    • Trending
    • Press Release
What's Hot

A46 southbound between A606 and A6006 | Southbound | Road Works

14 March 2026
‘You live in Dubai, aren’t you scared?’ How the UAE’s safe haven tried to spin two weeks of drone strikes – UK Times

‘You live in Dubai, aren’t you scared?’ How the UAE’s safe haven tried to spin two weeks of drone strikes – UK Times

14 March 2026

M5 southbound between J21 and J22 | Southbound | Accident

14 March 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
UK TimesUK Times
Subscribe
  • Home
  • News
  • TV & Showbiz
  • Money
  • Health
  • Science
  • Sports
  • Travel
  • More
    • Web Stories
    • Trending
    • Press Release
UK TimesUK Times
Home » Michael Johnson accused of paying himself $500,000 despite knowing his Grand Slam Track league owed millions to athletes
TV & Showbiz

Michael Johnson accused of paying himself $500,000 despite knowing his Grand Slam Track league owed millions to athletes

By uk-times.com10 March 2026No Comments3 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Michael Johnson accused of paying himself 0,000 despite knowing his Grand Slam Track league owed millions to athletes
Share
Facebook Twitter LinkedIn Pinterest Email

Michael Johnson has been accused of paying himself $500,000 at a time when he knew his doomed Grand Slam Track league owed millions to athletes.

According to claims made in a court filing in the United States, the four-time Olympic champion, 58, is alleged to have made the payment days before telling athletes that the last of four GST events had been cancelled last June due to insufficient funds.

The Johnson-backed project filed for bankruptcy late in 2025, owing six-figure debts to a number of leading tracks stars, including British runners Josh Kerr and Matt Hudson-Smith and 400m hurdles world record holder Sydney McLaughlin-Levrone of the US.

Now, a group of unpaid vendors has sought permission to sue the individual leaders of GST, which includes Johnson and lead investors Winners Alliance. Their claim features the accusation that Johnson recouped a chunk of the money he pumped into the league on June 4, 2025 despite being aware it was in deep financial peril before the aborted meet in Los Angeles at the end of that month. 

‘Mr Johnson initiated a payment of $500,000 purportedly on account of an unsecured note,’ lawyers said in a filing at the United States Bankruptcy Court for the District of Delaware. 

‘Shockingly, Mr Johnson elected to secretly prefer himself over the athletes and other, non-insider creditors, while at the same time feigning to the public that he was selflessly looking to advance the interests of the athletes. ‘

Michael Johnson has been accused of paying himself $500,000 despite knowing his Grand Slam Track league owed millions to athletes

The group, described in the filing as an ‘official committee of unsecured creditors’, is fighting against a plan proposed by GST to pay ‘general unsecured vendors’ only 1.5 per cent of what is owed, while paying ‘critical athletes’ and ‘critical vendors’ 85 per cent of their claims.

Johnson vowed to ‘save’ track athletics when he launched his league in 2024, with the promise of lucrative prizes and elite billing. However, a key backer withdrew after the first event in Jamaica in 2024 and the plan quickly unravelled, with GST filing for bankruptcy in December. It incurred estimated liabilities of between $10m and $50m to more than 200 creditors.

In a statement last August, Johnson said: ‘It is incredibly difficult to live with the reality that you’ve built something bigger than yourself while simultaneously feeling like you’ve let down the very people you set out to help. 

‘We promised that athletes would be fairly and quickly compensated. Yet, here we are struggling with our ability to compensate them.’

A spokesman for Johnson has been approached for comment.

World Athletics have previously said that GST will not be granted a licence to return until its 2025 debts are settled.

GST has been contacted for comment.

Sydney McLaughlinLos Angeles

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

Related News

‘Something is not right with the car’: George Russell hit by tech trouble in China as Mercedes team-mate Kimi Antonelli becomes youngest to take Grand Prix pole… after Brit extended championship lead with sprint win

‘Something is not right with the car’: George Russell hit by tech trouble in China as Mercedes team-mate Kimi Antonelli becomes youngest to take Grand Prix pole… after Brit extended championship lead with sprint win

14 March 2026
Olivia Munn reveals the best advice Shannen Doherty gave her after breast cancer diagnosis

Olivia Munn reveals the best advice Shannen Doherty gave her after breast cancer diagnosis

14 March 2026
Scotland First Minister John Swinney would NOT take his son to an Old Firm match after Ibrox shame game

Scotland First Minister John Swinney would NOT take his son to an Old Firm match after Ibrox shame game

14 March 2026
George Russell extends F1 championship lead after ding-dong sprint battle with Lewis Hamilton – but this artificial fight was like watching T20 rather than a Test match

George Russell extends F1 championship lead after ding-dong sprint battle with Lewis Hamilton – but this artificial fight was like watching T20 rather than a Test match

14 March 2026
United manager Jim Goodwin desperately needs a Dundee derby tonic to turn the Tannadice tide back in his favour

United manager Jim Goodwin desperately needs a Dundee derby tonic to turn the Tannadice tide back in his favour

14 March 2026
Sky Sports allowed Wrexham a party political broadcast on Friday: Ryan Reynolds and Rob McElhenney’s commentary was self-indulgent, boastful, and tedious – and no other club would get the same privilege

Sky Sports allowed Wrexham a party political broadcast on Friday: Ryan Reynolds and Rob McElhenney’s commentary was self-indulgent, boastful, and tedious – and no other club would get the same privilege

14 March 2026
Top News

A46 southbound between A606 and A6006 | Southbound | Road Works

14 March 2026
‘You live in Dubai, aren’t you scared?’ How the UAE’s safe haven tried to spin two weeks of drone strikes – UK Times

‘You live in Dubai, aren’t you scared?’ How the UAE’s safe haven tried to spin two weeks of drone strikes – UK Times

14 March 2026

M5 southbound between J21 and J22 | Southbound | Accident

14 March 2026

Subscribe to Updates

Get the latest UK news and updates directly to your inbox.

Recent Posts

  • A46 southbound between A606 and A6006 | Southbound | Road Works
  • ‘You live in Dubai, aren’t you scared?’ How the UAE’s safe haven tried to spin two weeks of drone strikes – UK Times
  • M5 southbound between J21 and J22 | Southbound | Accident
  • ‘Something is not right with the car’: George Russell hit by tech trouble in China as Mercedes team-mate Kimi Antonelli becomes youngest to take Grand Prix pole… after Brit extended championship lead with sprint win
  • North Korea fires volley of 10 ballistic missiles in massive show of force – UK Times

Recent Comments

No comments to show.
© 2026 UK Times. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version