Curious George Jr

Wednesday, January 16, 2008

 

On Thriller's eve, Michael loses Neverland

michael loses neverlandOn the eve of the release of his 25th anniversary edition of Thriller, the biggest selling album of all time, The King of Pop, St. Michael Jackson, lost his most prized possession, today, Neverland ranch.

The warnings of Neverland's potential loss were frequently reported:
The fabled ranch, scene of many parties for children and at least a couple of police raids, may be vulnerable to foreclosure next Friday.

According to sources Foxnews:

The mortgage broker trying to find refinancing for Jackson on a $23 million loan held by Fortress Investments using Neverland as security has so far come up empty. There is literally no interest from anyone in saving Jackson in this situation. (And) If Neverland (was) not refinanced, Fortress (could) foreclose and sell the ranch at auction. Recently, Fortress laid off $300 million in loans to Jackson on HSBC. The refinancing resulted in Jackson's paying off around $20 million in debt, but it still left him cash-strapped and unable to deal with the Neverland crisis.

MJ

Below is a list of the reported sales of Neverland:

04/12/2007 - Bill Huff in negotiations to buy Neverland for $20 million (New York Post) 09/10/1997 - Jackson puts Neverland up for sale for an asking price of $26-31.6 million (Playboy Magazine / The Mirror)
04/09/2003 - Jackson puts Neverland up for sale on the market for $22.5 million including rides and zoo (ITN)
05/22/2003 - Jackson negotiates selling Neverland and moving to Florida (Roger Friedman)
02/13/2004 - Eminem in negotiations to buy Neverland for $51.4 million (US Weekly)
03/10/2004 - Jackson to put Neverland up for sale for an undisclosed amount (Assorted tabloids and columnns)
05/11/2005 - Neverland sold to private buyer for $35 million, Jackson has 90 days to move out (National Enquirer)
05/18/2005 - Neverland sold for $38.5 million to secret buyer (News of the World)
05/24/2005 - Neverland secretly sold for $35 million (Roger Friedman)
06/19/2005 - Neverland in negotiations to be put on the market for $90 million (The Ottawa Citizen)
09/19/2005 - Neverland sale falls through, Neverland still not for sale (National Enquirer)
10/27/2005 - Jackson puts Neverland up for sale for an unknown asking price (Roger Friedman)
03/15/2006 - Simon Yates in negotiations [with Uri Geller] to buy Neverland for $100 million (Lancashire Evening Post)
03/27/2006 - Tom Cruise and/or a church to buy Neverland for Scientology retreat (National Enquirer)
11/20/2006 - Tom Sneddon says at his retirement party (jokingly?) that he’s going to buy Neverland at a tax lien sale (Attendee rumor)
12/01/2006 - Jackson in negotiations to sell ranch for $50 million to VH1’s “Really Rich Real Estate” (VH1)
12/19/2006 - Jackson to sell ranch for $50 million to Bravo network’s “Million dollar Listing: Hollywood” (National Enquirer)
01/17/2007 - David Beckham and wife in negotiations to buy Neverland for $19.8 million (The Sun)
'On the eve of the release of his 25 anniversary version of Thriller, the biggest selling album of all time, The King of Pop, St. Michael Jackson, lost his most prized possession Neverland ranch' is the headline Foxnews gossip columnist Roger Friedman longs write.

Friedman’s reports of Michael’s financial misfortunes and sale of Neverland are so consistently off base Fox should fire him. But, according to Underprivileged Media editor Kirkland Perkins, the Jewish media publish a form of sensationalism only they enjoy - hence, Roger Friedman and stories.

Anyway, If Michael lost Neverland, so what?

Happy reading & self entertainment Jews!

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