Michael Jackson’s Neverland Saved Again

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He gets lucky every single time! Michael Jackson has been having major money trouble for years now that his famed Neverland Ranch has gone into foreclosure and was almost sold at an auction this week. But that was before someone came in and saved the 2,700-acre property. An investment firm by the name of Colony Capital, paid the outstanding balance on the property. The LA-based firm is said to be very comfortable holding the loan while it negotiates payment terms. Oh come on! Nothing comes for free! There has to be a catch. Actually, I don’t even know why Jacko still cares for the ranch. He hasn’t lived there in years!

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