Lord Coe worried by unpaid fees of Michael Johnson's Grand Slam Track
Johnson, the former Olympic sprint champion and now BBC pundit, had to cancel the fourth leg of the new league in Los Angeles at the end of June because of financial issues, sparked, not least, by poor attendances in the first three events.
As The Times revealed earlier this month, track stars are still waiting on payments due after the opening event in Jamaica at the beginning of April. Indeed, an email from a Grand Slam Track official to agents chasing the money on behalf of their clients promised payment for the Jamaica meet by the end of this month and the following two events, in Miami and Philadelphia, by the end of September. Even so, there is talk of them owing as much as $13million with key stakeholders also as yet unpaid.
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