Michael Jackson's Neverland Ranch; No More Auction
The famous Neverland Ranch, which has hosted thousands of children in the past, was set to be auctioned off on March 19th. But yesterday, Michael Jackson made a deal with the company he owed $24.5 million to, avoiding the auction and the rumors that David Beckham was going to buy into the property according to an Associated Press news report.
150 miles north of Los Angeles in Los Olivos, the ranch is a 2,500 acre property within wine country and lately, Jackson has not been around. "[He] is said to be living in various places, including overseas, and his family has said that when dozens of sheriff's deputies raided the place in 2003 they destroyed the fond feelings he once had for Neverland."