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Old 14-12-2007, 10:08 AM #1
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Default Jacko on cash tour

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Jacko on cash tour
Michael Jackson may be forced to go on tour to pay off his huge debts.

He has been in secret negotiations to play gigs from March to May 2008.

US showbiz commentator Roger Friedman said: "The only real impetus for him to tour is money."

Jackson, 49, was acquitted of child molestation in 2005 - but his popularity plummeted.

He now has £160million in loans and has defaulted on £147million borrowed against his home.

An LA judge recently ordered Jackson to hand over financial information to a law firm chasing £125,000 from him.
Source:Daily Mirror
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Old 14-12-2007, 12:20 PM #2
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How can he be in debt?What happened to all that money he had?
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