Count on the top-notch journalists at Fox News to be on top of this
(heart)breaking news. From Reuters:
Michael Jackson's famed Neverland Valley Ranch in California will be foreclosed and sold on March 19 unless the pop star pays a balance of nearly $25 million, property records showed on Tuesday.
FoxNews.com celebrity columnist Roger Friedman reported on the Web site (www.foxnews.com) that Michael Jackson has been formally apprised of the foreclosure and that legal documents have also been filed with the Santa Barbara County Recorder's office.
The onetime "King of Pop" has owned the 2,800-acre (1,133-ha) ranch in the rolling foothills above the California coast since 1988, naming it after the whimsical island where children never grow up in J.M. Barrie's Peter Pan stories.
Jackson, 49, famously outfitted the property with a private zoo and amusement park and festooned it with statues of Peter Pan characters.
I'll bet Bill O'Reilly will have a lot to say about this.
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