But Neverland was also the infamous location where Jackson invited children to visit and sleep over, and where he was accused of molesting young boys. It was rebranded after Jackson's 2009 death as Sycamore Valley Ranch. The $22 million price tag reported by the Wall Street Journal -- and confirmed to AFP as roughly accurate, by a source familiar with the deal -- would mark a dramatic decline from the ranch's $100 million asking price in 2015. Thomas Barrack Jr's Colony Capital investment firm purchased the ranch from the heavily indebted singer for $22.5 million the year before his death. Jackson's ranch was raided in 2003 as part of a child molestation case against him and police at the time seized a large collection of pornography and images of nude children.

Source: Dhaka Tribune December 25, 2020 04:30 UTC