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Michael Jackson To Save His Neverland

    (Taylor Media Services) A last minute re-financing deal has apparently been arranged which will enable Michael Jackson to save Neverland Ranch from the auction block. Jackson attorney L. Londell McMillan has been quoted as saying Jackson entered into a “confidential” agreement with the Fortress Investment Group to retain ownership of the multi-million dollar property.
      Jackson has not actually lived at the ranch near Santa Barbara, California since he was found not guilty of child molestation charges in 2005. Last week it widely reported that the 2,500 acre ranch was due to be auctioned off. The reason cited was an over due loan.

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Posted March 20, 2008