This content originally appeared on Jamaica News.
There are reports that a loan of 3 million dollars from lead investor winners alliance has been offered to help Grand Slam Track (GST) pay off some of his debts, after the meet organizers recently declared bankruptcy.
However, other details from the lender were not available, nor was it clear if Grand Slam Track would accept the offer.
This was a part of the deliberations coming out of the first meeting of Grand Slam Track creditors and its bankruptcy reorganization team.
At the meeting it acknowledged more than $30 million debt and just $7,300 in cash on hand.
The next hearing, dealing with interim financing, is slated for the second of February 2026.
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