TMZ

Our TV Shows

Got a Tip?

Call TMZ at (888) 847-9869 or Click Here

Jackson Wanted to Be Fresh King of Bel Air

10/28/2009 2:00 AM PDT BY TMZ STAFF

TMZ has learned Michael Jackson was involved in negotiations to buy a $38 million 15 bedroom, 16.5 bath Bel Air mansion just before he died, and the deal was 7 years in the making.

micheal jackson
Sources connected to the situation tell us MJ fell in love with the 18,020 square foot estate back in 2001 and actually entered into escrow -- but the deal fell through because Jackson ultimately couldn't afford the place.

But recently, Michael was trying to work out a new deal with the owners in the hopes of coming into enough cash to score the place after his "This Is It" concert series in England.

A source tells TMZ: "Jackson brought his kids to see the house and they fell in love with it ... They begged him to buy it."

michael jackson's fairly tale cribThe kids' favorite part? We're told they were all fired up about a secluded area under the house which was nicknamed the "Bat Cave."

Sources say Jackson had hoped to use the land to recreate as much of Neverland as he legally could, but as we all know ... he never got the chance.

345 COMMENTS

No Avatar

Previous 15 Comments | 16 | 17 | 18 | 19 | 20 | 21 | 22
316.

wow    

Michael Jackson allegedly used 20 aliases to apply for bank loans.

In 2007, the 'Thriller' singer - who was raised in the Jehovah's Witness faith - allegedly applied for loans under the names President Mr Michael Jackson, Michael JJJ Christ-Jehovah, Michael J Jackson ChristJeh, Michael Jackson Jehovah and Mike J Jackson.

He also reportedly used alternative spellings of Michael - Micheal and Micheel - in a bid to trick bank managers.

It is illegal to give a false name to a financial institution for money for the purpose of influencing the bank's decision and anyone found guilty could face fines of $1 million, 30 years in prison or both.

Meanwhile, Tommy Mottola, the former boss of Sony music - who own the distribution rights to Michael's music - has revealed the label has "dozens" of unreleased tracks in storage which could guarantee the pop legend a place in the charts for the next 30 years.

http://www.contactmusic.com/news.nsf/story/michael-jacksons-bank-loan-aliases_1108609

Wich bank would allow 20 loans under false(and such ridiculous)alias, even to Michael Jackson ?
If true, someone helped him to get the loans.
The deal broke when a friendship ended ?

30 years prison for Michael, 30 years profit for Tommy Mottola !

Was there an investigation against Michael Jackson mentioned in the FBI files ?





1663 days ago
317.

Della    

Old Ghost is here.

1644 days ago
318.

ness    

There's still a lot of stupid people who only knew how to judge others. READ, READ, READ!!! Obviously, it was an extortion! Everybody wants to cash in even after he died. Why do you think media never stop giving Michael Jackson news? Simple, they knew that if it is Michael Jackson people will buy the article, read, listen or watch it, OK???!!! Do you know how many Michael Jackson fans all over the world, think about it!!!

1640 days ago
319.

Della    

This is where I am going to be. Without Edgar or not.

1648 days ago
Previous 15 Comments | 16 | 17 | 18 | 19 | 20 | 21 | 22

Around The Web