Jackson auctioning 2,000 items from Neverland ranch

Meanwhile,reports have suggested that Jackson lived like a king with crowns,a royal cape,a suit of armour,and a throne in his bedroom.

The singer,who is currently wrestling with huge debts,once had a fortune worth more than 500 million pounds.

The Beverly Hills auction will see furniture,sculptures,items from Jackson’s art collection,fixtures and fittings from his mansion,and his stage costumes go under the hammer.

According to reports,Jackon is even selling the famous gates and fairground rides at the 38-acre Neverland amusement park in California.

A touring exhibition of lots will be in London next month.

“It seems as if everything he owns is made of bronze,marble and gold,” the ‘Daily Star’ quoted auctioneer Michael Doyle as saying.

The auction catalogue has been lovingly produced.

It says: “The collection of the King of Pop Michael Jackson – Amusements,arcade games and Disneyrama.”

Items for sale range from a pair of socks covered in rhinestone banding,priced at 575 pounds,to a Rolls Royce customised with special art,valued at 115,000 pounds.