Jackson To Use Reality Show To Sell Neverland Ranch
Cash-strapped Michael Jackson is planning to sell his famed Neverland Ranch on a US reality TV show.
The sprawling estate, once perfectly maintained, has gone from magical fantasy land to ghost town since the singer deserted the California property in July 2005.
Jackson is hoping to sell the ranch - with its abandoned zoo and amusement park - by featuring it on US cable network Bravo.
The embattled star, who left the US after being cleared of child molestation charges, wants to sell the property for $50 million (GBP26 million) and is negotiating with the network to sell it on their reality show MILLION DOLLAR LISTING: Hollywood.
A source tells US publication National Enquirer, "Michael needs cash - and fast. 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."