The Sun Online - News:

BROKE Michael Jackson will be homeless in less than two weeks.

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.

“He has listened to the wrong people and continued his extravagant lifestyle even when his record sales slumped.”

Of course by ‘homeless’ they mean that he may lose the Santa Barbara ranch. I don’t think we’ll see him being dumped in downtown LA by cops who find him wandering the streets singing to himself. But you never know. For now he’s in Bahrain as the guest of the King’s son, Sheik Abdullah, who is a very close friend of Jackson’s brother Jermaine. This latest news must be very unsettling for Mr. Jackson who is unaccustomed to being in the spotlight or having negative publicity…not!

I do love how the unnamed friend blames Jackson’s problems on listening to the “wrong people.” Given all of the press reports about his shaky finances over the years, it’s his own damn fault if he hasn’t figured out where he is financially. Presumably these “wrong people” also told him that it was okay to bed with young boys. Not likely.

For the record, National Enquirer is reporting that MJ has just suffered from an alcohol and drug overdose however we do not quote from that rag and cannot comment on its authenticity. Now if it had been in Defamer…

technorati michael jackson wacko jacko

h/t: Ace of Spades

This entry was posted on Friday, December 9th, 2005 at 11:27 pm by Insider and is filed under Loons. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.