Neverland To Be Auctioned?
Thursday 28th February 2008 Michael Jackson owes $25m (£12.5m) on his Californian Never Land Ranch and has been informed by authorities in the US that if he fails to pay within 3 months the property will be auctioned off.
Officials in Santa Barbara have set 19th March as the day for the auction on the property that Jackson has not lived in since 2005.
Jackson purchased the property in 1987 and it is named after the Peter Pan fairytale land in which children never grow up.
The property includes a fair and a zoo and the auction is said to include all fixtures and fittings.
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