Welcome, Guest! - Login or Register, Online: 105

Moldova


Michael Jackson saves Neverland

March 14, 2008
Subscribe to: RSS, Email

The Michael Jackson drama is over, as his Neverland Ranch was saved.

Last week it was announced that the pop singer is going to lose the ranch if he won’t pay $24.5 million he owed in property taxes by March 19.

With less than a week to go, the superstar has agreed to a deal with an investment group that will allow him to retain ownership.

The pop star's lawyer, L Londell McMillan said that Jackson had worked out a "confidential" agreement with Fortress Investment Group LLC.

He bought Neverland in 1987 on the premise of creating a fantasy land for children. The pop star built a zoo and fairground on the 2,800 acre property north west of Santa Barbara.

The Californian property is named after an island in the story of Peter Pan where children never grow up.

 




Add a comment
( Login or Register to post comments )

Log In
Username
Password
I've forgotten my password! Click here!