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Jackson denies he'll lose Neverland if loan isn't repaid

Michael Jackson has dismissed reports he is in danger of losing his Neverland Ranch in California after defaulting on a $23m (€15.7m) loan.

Mon, 12 Nov, 2007 - 13:05

Michael Jackson has dismissed reports he is in danger of losing his Neverland Ranch in California after defaulting on a $23m (€15.7m) loan.

The singer was said to have been put on notice after failing to pay back the debt with Fortress Music Trust before October 12.

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Courts Entertainment Heathrow Place: California Person: Jackson Person: Michael Jackson Person: Raymone K. Bain Organisation: Neverland Organisation: Neverland Ranch Organisation: Fortress Music Trust

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