Michael Jackson Sells Neverland

November 13, 2008 at 6:22am PST
Photos: splashnewsonline.com

Michael Jackson’s Neverland Ranch, aka the scene of many young boys' molestations (don’t give me that “he was acquitted” garbage, you know he did it), has been sold to an investment firm who will rename and reopen the property in a joint venture with the King of Pop-ping Cherries.

Like so many Americans, Jackson would have been foreclosed on when New York-based private equity group Colony Capital, owners of numerous Las Vegas properties including Red Rock Country Club and the Las Vegas Hilton, agreed to take over his $24.5 million debt on the property in May.

The sale has added fuel to reports Jackson has signed on to perform in his own headlining show in Vegas.

We can’t even listen to "PYT" on the radio anymore. There’s NO WAY we would pay to see him on stage. Boo.

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