Jacko To Lose Neverland Ranch?

February 26, 2008 By:
Jacko To Lose Neverland Ranch?

Neverland Ranch going once, going twice, sold...to the bank! Michael Jackson's Neverland Ranch is set be sold at auction on March 19 unless he can cough up $24,525,906.61 by then.

The auction will go live in Santa Barbara in front of the county courthouse and it will include the house and everything inside. All fixtures and appliances, furniture, and "all merry go round type devices," all rides and games, basically everything!

Jacko hasn't been to Neverland since 2005, when he departed for Bahrain. No ones lived there for years, but he's refused to sell the property. It's going to be pretty hard to Jacko to raise that kind of money, a bake sale just isn't going to cut it.