Michael Jackson’s Looking to Unload Neverland
Now that’s he’s abandoned Neverland and rescued it from the auction block, Michael Jackson is looking to refinance or sell.
Though Neverland was spared from public auction, it appears Michael wasn’t bailed out by a generous benefactor as originally reported. Instead, he was granted a stay of execution.
Neverland’s auction is being postponed until May 14th, a date mutally agreed upon by Michael and his creditors. He’s hoping that within that time he can either sell or refinance his former playland.
Which brings me back to my original statement made last week. Who on earth would lend money to Michael Jackson? It’s a sure way to kiss your millions goodbye.
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