In a press release around a foreclosure auction of the ranch, Jackson said: “I am pleased with recent developments involving Neverland Ranch and I am in discussions with Colony [Capital, an investment company] and Tom Barrack with regard to the Ranch and other matters that would allow me to focus on the future.”
However, tragedy struck when Jackson died in May 2009, and his family spoke out on their intention to bury Jackson at the ranch.
From this point, all the rides and animals were removed from the property, and some were believed to have been replaced by a section decorated with Peter Pan, along with a meditation garden.
The ranch was put up for sale in 2015 by Colony NorthStar, but Jackson’s brother, Jermaine, wrote an open letter disagreeing with the decision.