Michael Jackson announces move to Europe

By M&C News Jun 27, 2006, 21:13 GMT

In a shocking move, Michael Jackson has decided to leave his adopted home of Bahrain in the Persian Gulf and move westward to Europe. 

Jackson, who has been living in Bahrain since he was acquitted of molestation charges a year ago, is moving to an undisclosed location in Europe, and has fired his business managers and hired a New York-based firm to oversee his business affairs, according to his spokesperson Raymone K. Bain.

According to Bain's press release this is "the first of a sweeping restructuring of his personal and business affairs," is an apparent attempt by Jackson to salvage his financial affairs.

Bain said that she has been named general manager of the new Michael Jackson Company, which will replace the existing Jackson's MJJ Productions.

In her announcement to the media, Bain said that Jackson will begin performing again. "He is reviewing numerous offers to tour musically, which he plans to embark upon within the next several months."

Bain's press release said that Jackson “has severed ties with his Bahraini lawyers and his longtime accountants and business managers, Bernstein, Fox, Whitman, Goldman & Sloan… hiring L. Londell McMillan and The McMillan firm, ‘known for business restructurings and turnarounds.’”

Jackson is currently in Ireland "on personal business" and is "making plans to relocate to Europe", the press release stated.

"He is continuing to build his management team and other appointments will be forthcoming," said the Bain release.