Michael Jackson’s Neverland Adventure is Over
November 13, 2008
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 $US24.5 million debt on the property in May.
According to the Santa Barbara County Assessor’s Office, Jackson sold the property for $US35 million.
Neverland will be renamed Sycamore Valley Ranch in an effort to revamp its image, tinged by the negative press surrounding Jackson’s child molestation trial, which ended in his acquittal in 2005, website TMZ.com reported.
Jackson built a mini amusement park on the 1100ha property, and invited thousands of children to play there before his trial. He has not lived there since his acquittal.
Colony Capital, which bought Jackson’s loan after he missed several payments, also owns numerous Las Vegas properties including the Las Vegas Hilton.
The sale of Neverland to the company has fuelled reports that Jackson has signed on to perform his own headlining show in the city.
DPA
A MUST READ FOR MICHAEL JACKSON AND FANS:
if u r alive right now, enjoy your life. Do the things that you can’t do when u were still an artist.
just remember that i will always be here for you supporting you in anything you do even if u r not an artist anymore. i’ll look for you when i am already able to. you are one of the reasons why i woke up in this reality and made me reach my goal, that is to help the people in need.
I will definitely always remember you until my last breath.
damn you pretenders saying you care for michael. He didn’t even want to do that 50 concerts! you didn’t even care with his health status! You are all just scared to paid his debt. You didn’t even cared for the illness and burdens he was carrying. all of you sucks! What if that happens to you? do you think all of you will be happy? Do you think fame can make a person entirely happy with this life. Now look what all of you have done! Does he still have time to be happy? Does he still have time to spend time with his family? He only has few days to live and you took it away from him! MONEY won’t make you HAPPY!!! IT WILL JUST MAKE YOU REALLY REALLY BAD!Well i wish all of you money maniacs, pretenders and traitors that you read this!! BEing sorry won’t bring him back!
michael..
if rumors are right that you are still alive i would really be happy..
http://www.michaeljacksonhoaxdeath.com/?p=305
people should learn to recognize an individual's feeling. Being accused as a child molester being called a wacko jacko.. it hurts you know.. he is not a perfect person.. like us he wanted to be treated as an ordinary human being.. everybody make mistakes.. But nevertheless i don't believe that he had molest anyone.. and that will be forever,..
Let him live freely.. It's almost as everyone around him is controlling him..
Michael, more than anyone knows you, yourself should know how precious life is.. You are very important.. Your life has a purpose..Call unto him.. ^_^
Just seek me if ever you want someone to talk to.. Spill out your emotions.. It's not bad to cry sometimes.. it'll make you feel relieved.. trust me, then smile after your heartaches out.. Don't try to smile in front of everyone even if it hurts.. you'll just hurt yourself more..