Are Beyonce And Jay-Z Looking to Purchase MJ's Neverland Ranch?

Elle Breezy Thu, Feb 21, 2013 Gossip
Are Beyonce And Jay-Z Looking to Purchase MJ's Neverland Ranch?

What would happen if the reigning royal entertainment power couple bought the King of Pop’s castle? A passing of the royal torches, maybe?

According to British tabloid The Sun, Beyonce and Jay-Z are looking to buy the late Michael Jackson’s Neverland Ranch located in Los Olivos, Calif. Rumor has it the couple toured the 3,000-acre property where Jackson famously built added an amusement park and petting zoo to the home already containing an theater, swimming pools ,and restaurant.  

The New York Post reports that Bey recently toured the property, with Jay allegedly saying "I've got no interest in Neverland." The Post also claims an anonymous Jackson family member thinks the couple is certainly bowling the notion over in their minds, and is quoted as saying, "If [the current owners] took them to the ranch ... there must be something to it."

A private equity firm bought a $23.5 million loan that Jackson defaulted on back in 2008, and has been owned by them ever since. Owner of the firm, Thomas Barrack Jr., declined to comment to the Post about any sale inquires for the sprawling ranch.

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