Michael Jackson Saves Neverland Ranch From Auction

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Michael Jackson Pictures: Michael Jackson Saves Neverland Ranch From Auction

See More... MICHAEL Jackson has pulled off a monetary moonwalk to save his dilapidated Neverland Ranch from the auction block. The 2,500-acre spread in Los Olivos, Calif., was to be sold off next Wednesday after Jacko defaulted on his $24.5 million mortgage. But his lawyer, L. Londell McMillan, said the washed-up King of Pop worked out a “confidential” refinancing with Fortress Investment Group to retain ownership. The place has been a ghost town since 2005, when Jackson moved out following his child-molestation trial. Gone are Bubbles the chimp and other wild animals, and the kids’ carousel is a mess.

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Celebrity Gossip, Celebrity News, Celebrity Photos, Janet Jackson, Michael Jackson, Music Gossip

Source: http://showbiznews.info

1403 showbiznews Published 3/14/08 Message Add to Friends

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go michael-- the bank should not be able to take neverland its to special

anonymous 3/16/08 Reply

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