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Michael Jackson's Neverland gets a new owner as the star's former associate billionaire Ron Burkle snaps up the infamous ranch for $22M - a whopping $80M lower than the initial asking price

Michael Jackson's Neverland finally has a new owner after the star's former associate billionaire Ron Burkle snapped up the infamous California ranch for $22 million - a whopping $80 million lower than the initial asking price.  Burkle, co-founder of investment firm Yucaipa Companies and co-owner of Soho House, bagged the huge mansion and sprawling grounds located in Los Olivos, around 40 miles from Santa Barbara, according to the Wall Street Journal.  Once home to the 'King of Pop', the ranch was inspired by J.M. Barrie's novel 'Peter Pan' and used to feature an amusement park, rail track and a zoo.   But, the ranch languished as Jackson was plagued by financial issues and allegations that he sexually abused children there.  Michael Jackson's Neverland finally has a new owner after the star's former friend billionaire Ron Burkle snapped up the infamous California ranch for $22 million - a whopping $80 million lower than the initial asking price. Pic

Snow is set to blanket England next week after the COLDEST Christmas Day for a DECADE: Britain faces dusting of the white stuff as far south as East Anglia... but FLOODING ruins the holiday for thousands

Christmas Day will be Britain's coldest in a decade tomorrow with snow set to fall as far south as East Anglia after heavy rain over the past few days, before Storm Bella sweeps in on Boxing Day bringing 80mph winds.   Flurries could be seen in the likes of Lincolnshire, Yorkshire and Cumbria tomorrow - and the Met Office warned that the weather is expected to remain unsettled in the final week of 2020 with an 'increased chance of snow'.  Firefighters in South Wales received 500 calls for help in 24 hours, while crews in Northamptonshire said they had handled more than 250 flood calls, with several properties inundated and people rescued from stranded vehicles. The Environment Agency issued 150 flood alerts and 113 more serious warnings across England, while Natural Resources Wales had six alerts and five warnings in place, after a Met Office rain warning ended in the early hours. Some 16 of the flood warnings related to the River Severn on the Welsh border, while the Great