Wednesday, March 12, 2008

Neverland May Have A Buyer

According to Real Estalker, 20-something "tycoons" have bid on Michael Jackson's Neverland Ranch, which recently was up for foreclosure. The mystery buyers are willing to pay up to $30 million for the property that they would then lease the back to Jackson.

I don’t know why they would want to lease the property back to Jackson? It would make more sense to turn it into a tourist attraction or fix it up and flip it to another buyer.

Michael hasn’t even been to Neverland since 2005. I don’t think he wants to go back especially not as a tenant.

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