Washington, Nov 13: Michael Jackson’s Neverland Ranch has been reportedly sold to an investment firm.
The troubled singer – who saved the 2,800-acre Californian estate from auction earlier this year after striking a deal with an investment company – has now officially passed the property deeds over to Sycamore Valley Ranch Company LLC.
The company’s bosses will rename the property in a joint venture with the pop star, according to reports.
Santa Barbara public records confirm Michael is no longer the owner of the ranch, reports Contactmusic.
Los Angeles - Michael Jackson's Neverland adventure is over.
The controversial pop star, who created his fantasy escape on the sprawling central California ranch at the height of his fame in 1988, has transferred ownership of the property to a company that he owns jointly with the private equity firm which took over his 24.5-million-dollar debt on the property in May.
According to the Santa Barbara County Assessor's Office, Jackson sold the property for 35 million dollars.
London, November 9 : Michael Jackson is high on the list of promoters who have reportedly made offers to tempt the singer for a string of shows in London.
The King of Pop is said to have had a ‘standing offer with no expiration’ to play at the O2 arena made by Promoters AEG Live – they were behind the ‘Spice Girls’ reunion tour and Prince''s recent London concert, reports the Daily Express.
The reports come in the backdrop of the artist’s recent return to the top spot in the Billboard''s Top Pop Catalog Albums with his 1982’s superhit album ‘Thriller’.
London, November 1 : Michael Jackson has confirmed that he’s preparing to make a comeback with a tour soon.
The ‘King of Pop’ revealed his plans in a statement trashing rumours claiming that he will be joining his family on a reunion tour.
The 50-year-old, whose career had taken a beating in 2005 following a child abuse trial against him for which he was later acquitted, further said that he was already getting ready to offer his fans with something new.