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December 09, 2005
Michael Jackson To Be Broke & "Homeless" In Two Weeks; Friends Fear Suicide
All those billions? HIStory.
The singer has missed repayments on a £156million loan and has been told to pay back the full sum by December 20.
If he doesn’t come up with the cash he faces losing his Neverland ranch and his lucrative Sony Beatles catalogue.
Those close to the star fear he could commit suicide. One said: “Jacko is in meltdown.["]
I can relate. With very little crazy blog-money coming in, my creditors are threatening to foreclose on my prized Foghat concert-poster collection.