Reports Sony could bail Jackson out of debt

Could record giant Sony be about to step in and save Michael Jackson from financial crisis?

Fox News is claiming that Sony, Jackson’s business partner in the $1bn (€835,400) Sony/ATV Music Publishing Company, is offering to step in and help Jackson with his $270m (€225.6m) worth of loans.

By keeping Jacko financially safe, they would protect their own interests, Sony insiders told Fox.

There was no word from Jacko on the rumours and no-one quite knows how to get hold of him anyway. Sources say Jackson is now totally represented by Sheik Abdullah bin Hamad Al Khalifa, Prince of Bahrain, and his associates.