At long last, it seems as though Michael Jackson is conceding defeat. Sources tell me that his 2,700 acre ranch, Neverland, in Los Olivos, Calif., is going up for sale. As in now, and not six months ago as falsely reported in tabloids.

And it’s not a minute too soon. Sources tell me that Jackson missed the most recent payroll, which was due two weeks ago today. Jackson finally paid his staff on the following Monday. But the remaining staff will likely not be paid today.

Source: Roger Friedman / Fox News