Michael Jackson to Sell Neverland Ranch?

Neverland Ranch, Michael Jackson’s LA estate, is in danger of being auctioned off after the one-time “King of Pop” failed to pay his mortgage. No doubt, parents everywhere are breathing a sigh of relief.

Jackson has missed payments of $153,910 and owes a total of $25 million. He is reportedly seeking a new loan that would save the ranch and kiddie hangout. The deadline for payment has been set at March 19th.

FANS TO THE RESCUE?

Two British tycoons and self-professed Jackson fans, Liam Collins and David Bone, are hoping to buy the estate. They are even willing to pay more than what Jackson owes on the house.

According to Bone, they would even be willing to rent the property back to Jackson. “We really want to see Jacko back on his feet. He’s had a real hard time of it.”

JACKO AUCTION - BODOG ODDS

Bodog is offering odds on how this latest Jacko twist will play out. The maximum bet allowed is $50.

If the Neverland Ranch is auctioned off, how much will it be auctioned off for?

Over $28.5 million +165

Under $28.5 million -240

For more odds, take a look at these:

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Michael Jackson to Sell Neverland Ranch?