JACKSON TO TOUR IN 2008?

Last updated: Thursday, December 13, 2007

JACKSON TO TOUR IN 2008?

Pop superstar MICHAEL JACKSON is in talks to embark on a three-month tour - in a bid to pay off his outstanding debts.

MICHAEL JACKSON

Jackson is rumoured to be negotiating with promoters AEG Live to organise three months' worth of live dates from March to May next year (08), with proceeds going towards repaying his $325 million (GBP162.5 million) debt, according to U.S. columnist Roger Friedman.

Friedman writes, "He (Jackson) is so deeply in debt and at such a crisis point in his finances that he and (publicist Raymone) Bain may be using potential proceeds from a tour as leverage for refinancing his $325 million in loans.

"The refinancing was due on December 1 (07). Not only did it not happen, but Jackson is now in default on $300 million secured by his Neverland Ranch."

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- JACKSON'S DEATH CERTIFICATE AMENDED
- FASCINATING FACT:
- JACKSON'S THIS IS IT WAXWORK TO BE UNVEILED IN HOLLYWOOD
- LESTER: 'CORONER'S FINDINGS ARE ABSOLUTELY HORRENDOUS'
- DOCTOR'S LAWYER RESPONDS TO JACKSON 'HOMICIDE' REPORTS
- DOCTOR TOOK PILL BOXES FROM JACKSON'S HOTEL SUITE PHARMACY
- JACKSON ASKED DOCTOR TO CONSIDER HAVING HIS FOURTH CHILD

Source: WENN

| Thursday, December 13, 2007

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