Jacko Saves Neverland

Michael Jackson has saved Neverland from being auctioned off by refinancing the massive ranch.

Last month the Bad star was told he would lose his California home unless he paid $25 Million he owed on the property.

Now Wacko Jackos lawyer says the estate- which includes a fairground and zoo- has been saved by a confidential deal with an investment group.

If Michael had failed to pay the money  Neverland would have been sold on March 19.

Jackson has reportedly worked with Will.I.Am, Kanye West, 50 Cent and Chris Brown on tracks for his new album.