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The agreement, which took effect in early 2008, called for Colony to manage Neverland as a sort of joint venture with Jackson. For every dollar the company invested in the property, its equity would increase. This meant that while Jackson—and, later, his estat—retained a stake in the property, it decreased on paper as time went on.
“Sadly, Michael lost control of Neverland during his life as a result of advice from a former manager.”
He might be buying it back himself.
From this line, seems the Estate is placing the blame on Thome.Quote (selected)“Sadly, Michael lost control of Neverland during his life as a result of advice from a former manager.”