Financial warning issued for Michael
This week, news was reported in the media that if Michael does not pay his $23 million loan and its interest to Fortress Music Trust within a 90-day deadline, he will lose Neverland.
According to news sources, the last payment deadline was October 12. With the deadline ending, on October 22 a notice will be issued to inform Michael.
Michael is currently staying in Washington, D.C., and his $17 million Neverland property is left empty.
Source: eMJey / Fox News