Cash-strapped Jacko dealing with TV show to sell ranch
Michael Jackson‘s career is in ruins – and so is his world-famous Neverland Ranch, as these startling photos show.
The 2,700-acre sprawling estate, once perfectly maintained, has gone from magical fantasyland to ghost town since the singer deserted the California property in July 2005.
Desperate for cash, Jackson is hoping to sell the ranch – with its abandoned zoo and amusement park – by featuring it on a cable television show, The ENQUIRER has learned.
The embattled star, who left the country after being cleared of child molestation charges, wants to unload the property for $50 million and is negotiating with the Bravo network to sell it on their reality show, “Million Dollar Listing: Hollywood.”
“Michael needs cash – and fast,” a source told The ENQUIRER. “By making the show the exclusive agent for the Neverland sale, he can get some up-front money real quick.
“The show will have exclusive access to Neverland and can do numerous segments about selling one of the most famous residences in the world.
“Michael is in a bad way. He is running out of funds and appears distraught. He showed up at a meeting last week with his pants inside out! He’s a mess.”