Beat it: Michael Jackson's Neverland ranch on verge of being auctioned off
- Artists:
- Michael Jackson »
Pop’s Michael Jackson is in danger of losing his (in?)famous Neverland ranch after getting into arrears on mortgage repayments.
The singer apparently owes nearly $25m (£12.5m) on the 2,800 hectare property, which he originally bought in 1987 with the intention of turning into a fantasy playground for children.
After adding a zoo and a fairground to the grounds in California, child molestation charges in 2005 – even though Jackson was acquitted – have effectively put paid to that idea and the singer has not lived at Neverland since.
Closed in 2006 after Jackson neglected to pay staff or insurance, the property will go up for auction on March 19th, a Santa Barbara official told the BBC.
The auction will include "all ferris wheels, carousels, merry-go-round type devices... and all amusement ride equipment and facilities of every kind or nature".
Bonanza!
Got news? Email us at newsdesk@drownedinsound.com
From the archive
-
Maximo Park: �We�ve always seen ourselves as outsiders.�
-
Yndi Halda: acerbic introspection, home and abroad
-
DiScover: Le Loup
sweet
my back garden could do with a ferris wheel, its just not kid friendly enough otherwise.....

Jackson plans Katrina charity single
Jackson "shocked" by penis grab
Too busy to watch telly? Sunday's top videos revealed...
DiS' Guide to Musicians on Twitter
St Vincent - Actor
Primavera 2009: DiS's highlights
Phoenix - Wolfgang Amadeus Phoenix
In Photos: Glastonbury 2009 - Day 1
Artist 'n' Artist: Catherine AD meets Tori Amos
Glastonbury In Photos: Jarvis Cocker
Glastonbury In Photos: Neil Young
Glastonbury In Photos: Bloc Party
Glastonbury In Photos: Bat For Lashes
Comments (1)
- Post a new comment on this article