Tuesday, February 26, 2008

Auctioning Neverland.


Though it's been rumored off and on for years that Michael Jackson was in danger of losing his Neverland Ranch in Santa Barbara, it seems that time is drawing near at long last, and his days of shuffling debt from one creditor to another are over. Roger Friedman at FOX News is reporting that Jackson has until March 19th to come up with $24,525,906.61 or lose the property.

According to the report, it's not just the land and the structure either. Along with those assets, the lucky buyer will also include "all personal property inside, all fixtures and appliances, furniture, and 'all merry go round type devices,' any rides, games. The auction literally includes every single thing that is or isn't nailed down."

FOX even has a copy of the notice of sale.

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