UK TimesUK Times
  • Home
  • News
  • TV & Showbiz
  • Money
  • Health
  • Science
  • Sports
  • Travel
  • More
    • Web Stories
    • Trending
    • Press Release
What's Hot
Italian court rules against tourist who complained hotel refused her tap water – UK Times

Italian court rules against tourist who complained hotel refused her tap water – UK Times

27 May 2026

A46 northbound between A617 and A1 | Northbound | Congestion

27 May 2026

M61 southbound within J5 | Southbound | Road Works

27 May 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

Nuno Espirito Santo to STAY as West Ham boss in remarkable u-turn after they were relegated – with owner David Sullivan’s girlfriend leading calls to ‘regroup and restructure’

Nuno Espirito Santo to STAY as West Ham boss in remarkable u-turn after they were relegated – with owner David Sullivan’s girlfriend leading calls to ‘regroup and restructure’

27 May 2026
State of Origin game one LIVE: All the latest updates as NSW try to avenge last year’s series loss

State of Origin game one LIVE: All the latest updates as NSW try to avenge last year’s series loss

27 May 2026
Radio star Tom Elliott says Neale Daniher doesn’t deserve a statue at the MCG

Radio star Tom Elliott says Neale Daniher doesn’t deserve a statue at the MCG

27 May 2026
NASCAR legend reveals Samantha Busch’s heart-wrenching move after TV cameras filmed her crying at tribute to late husband Kyle

NASCAR legend reveals Samantha Busch’s heart-wrenching move after TV cameras filmed her crying at tribute to late husband Kyle

27 May 2026
Lawrence Shankland vows to fire Rangers to silverware after completing cut-price move from Hearts

Lawrence Shankland vows to fire Rangers to silverware after completing cut-price move from Hearts

27 May 2026
Golf’s newest WAG pays tribute to PGA Tour star after returning to winner’s circle following Masters hard launch

Golf’s newest WAG pays tribute to PGA Tour star after returning to winner’s circle following Masters hard launch

27 May 2026
Top News
Italian court rules against tourist who complained hotel refused her tap water – UK Times

Italian court rules against tourist who complained hotel refused her tap water – UK Times

27 May 2026

A46 northbound between A617 and A1 | Northbound | Congestion

27 May 2026

M61 southbound within J5 | Southbound | Road Works

27 May 2026

Subscribe to Updates

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

Recent Posts

  • Italian court rules against tourist who complained hotel refused her tap water – UK Times
  • A46 northbound between A617 and A1 | Northbound | Congestion
  • M61 southbound within J5 | Southbound | Road Works
  • Nuno Espirito Santo to STAY as West Ham boss in remarkable u-turn after they were relegated – with owner David Sullivan’s girlfriend leading calls to ‘regroup and restructure’
  • West Ham keep Nuno Espirito Santo as boss in pursuit of Premier League return – 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