Newcastle businessmen to launch multi-million pound bid

British businessmen Liam Collins and David Bone are set to launch a joint £15 million bid to buy Michael Jackson’s ranch, Neverland, in an attempt to alleviate the singer’s financial crisis.

Jackson must pay off $25 million (£12.5 million) of his debts by March 19 or he faces losing the property anyway in auction.

Entrepreneurs Collins and Bone, who are based in Newcastle, are huge fans of Jackson, and told the Daily Star that they began earning their own fortunes by busking in London, copying his dance routines.

“We really want to see Jacko back on his feet,” Bone said. Collins added: “If it wasn’t for Michael’s music and his fantastic dance routines, it is possible that we wouldn’t be where we are today.”