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Viva Las Vegas for Michael Jackson
By Stone Martindale Jun 15, 2008, 22:40 GMT
An aerial view of the Neverland Ranch of US pop singer Michael Jackson in Santa Ynez, 20 November 2003. Former popstar Michael Jackson could lose his California Neverland Ranch EPA/ARMANDO ARORIYO
Michael Jackson is considering performing in Las Vegas.
Due to high levels of debt, Jackson is reportedly eyeing some offers.
Jackson’s career is said to be ready for that next phase of showmanship: The Vegas showroom. Reuters reports that he is considering Las Vegas in order to keep his Neverland Ranch in California, and that the equity group that bought the loan on the ranch is having him do the performance to avoid foreclosure.
Colony Capital is the company that’s talking with Jackson about the options to repay his $23 million debt.
Jackson is being considered to become a "resident performer" in Vegas in either a nightclub or a casino, reported Reuters.
No one has confirmed this as truth yet, but the rumors are that these investment bankers who bailed him out are pushing him in that obvious quick cash netting direction.
Like Heidi Fleiss, ex madam to the stars and laundromat owner, Jackson currently lives in Pahrump, Nevada with his kids. about 60 miles away from Las Vegas.
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