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Michael Jackson Las Vegas Show: Michael Jackson Las Vegas Comeback Colony Capital Loan Repayment

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June 14th, 2008 by Castina

Tagged as: Concerts

Colony Capital, a private equity group that recently bought the loan on Michael Jackson’s Neverland Ranch, is discussing having the King of Pop headline a Las Vegas show as one of various repayment options for his $23 million debt, the Wall Street Journal reported Friday. Colony Capital owns the Las Vegas Hilton as well as a major share in the Station Casinos chain.

“We’ve been having discussions with Mr. Jackson about a recapitalization and refinancing of Neverland in addition to various other business opportunities and mutual interests,” Colony Capital CEO Tom Barrack told the WSJ.

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