(BANG) - Michael Jackson is selling his Neverland Ranch for an astonishing $37millionUS as his debts spiral out of control.
The eccentric singer, who is also facing mounting legal fees for his child abuse trial, is set to move out in July.
The buyer of the sprawling estate, where the star is alleged to have molested his teenage accuser, will not be revealed until the sale is completed.
The singer originally paid $3.5millionUS in 1988 for the 2,700-acre Los Angeles hideaway which he has fitted out with zoo fairground and cinema.
A source revealed: "After police raided Neverland Michael felt his personal space had been invaded and told close friends he did not want to carry on living there."
Jackson's money problems began when he paid an $15millionUS settlement after he was accused of sexually molesting 12-year-old Jordan Chandler.
His financial crisis, which has seen him having to re-mortgage Neverland over the years to the sum of $18millionUS, has been made worse by the singer's excessive shopping habits, which has seen him own 45 cars.
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May-26-2005 12:43
Googooly
Dom chakalaka.
Registered: Feb 2005
Location: United Kingdom
i've heard hes like $350milion in dept...if thats true hes in big big problem, poor jacky :/
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ermmm ummmmm ermmmmmmm....
May-26-2005 12:58
Basstard
smoke me a kipper...
Registered: Nov 2004
Location: Belfast
well it was his own fault if he's in debt. settlements aside, he's just a prick with his money. he spends millions on an abundance of useless shite.
and btw he feels his personal space has been violated? i bet the neverland kids had a good chuckle at that one
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May-26-2005 13:03
placebo
501xx
Registered: Jun 2003
Location: Somewhere
quote:
Originally posted by Basstard
and btw he feels his personal space has been violated? i bet the neverland kids had a good chuckle at that one
haha brilliant!
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"We did not choose to become robots. There was an accident in our studio. We were working on our sampler, and at exactly 9:09 a.m. on September 9, 1999, it exploded. When we regained consciousness, we discovered that we had become robots."
May-26-2005 13:41
Googooly
Dom chakalaka.
Registered: Feb 2005
Location: United Kingdom
thing is he had already been sued once a couple of years ago, that should have been a lesson to him not to hang out with KIDS anymore...he didn't listen, and nowthats what happens...
for god sake a millioner and MOST famus guy who love to hang out with KIDS only, thats fcuking wierd! he could have got off with HOTTEST girls in the world, but he chose the kids...arghhh i don't get it!
p.s im cool and calm so don't worry
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ermmm ummmmm ermmmmmmm....
May-26-2005 13:46
placebo
501xx
Registered: Jun 2003
Location: Somewhere
quote:
Originally posted by Googooly
thing is he had already been sued once a couple of years ago, that should have been a lesson to him not to hang out with KIDS anymore...he didn't listen, and nowthats what happens...
for god sake a millioner and MOST famus guy who love to hang out with KIDS only, thats fcuking wierd! he could have got off with HOTTEST girls in the world, but he chose the kids...arghhh i don't get it!
p.s im cool and calm so don't worry
It's because he's black.
EDIT: Kidding.
___________________
"We did not choose to become robots. There was an accident in our studio. We were working on our sampler, and at exactly 9:09 a.m. on September 9, 1999, it exploded. When we regained consciousness, we discovered that we had become robots."
May-26-2005 13:49
igottaknow
PerfectTeeth R4 Dinosaurs
Registered: Feb 2001
Location: The Future
if he sells it where will he molest kids?
May-26-2005 14:15
DjAviander
Simply Addicted
Registered: Sep 2003
Location: New York, NY
Who the hell would like to buy neverland?
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Sig shmig, who reads these stupid things anyway?
May-26-2005 15:41
Googooly
Dom chakalaka.
Registered: Feb 2005
Location: United Kingdom
quote:
Originally posted by Nou
and boys at that... thats the even more weird part...
not that hanging out with little girls is any better....
