Well it looks like where royalty reigns, it rains royalty! Rumours are circulating that the King of Jeans, Christian Audigier, just bought out the former home of the King of Pop. Indeed, the designer has said he gets the keys in the next few weeks!

Purchased for $90 million to serve as headquarters for Ed Hardy operations, the infamous Neverland Ranch boasts 2,500+ acres, a National Forest to the east and a college prep boarding school to the south- big raised eyebrow on that little fact. The amusement park rides all began to be trucked away shortly after Jackson passed away in June, but it was only this week that plans for the land post-MJ were publicized. Apparently Audigier was originally looking to turn the property into a museum honouring the one-gloved wonder, but he couldn’t obtain the proper permits or authorization. The ranch will still be opened to the public for one day each year, on the anniversary of Jacksons death.

At the time of MJs death he and Audigier were in collaboration to create a commemorative line celebrating Jacksons musical fame. He describes the line as a mix between Liberace and Elvis, and items include a red jacket featuring Jacksons portrait, the token one glove laden in rhinestones, as well as pairs of rhinestone socks.

Currently though, Christians stuck in a legal lockdown with MJs estate. Knowing how the value of celebrity products jumps after the star passes, all items have to be cleared by the estate and go through a lot of red tape before they can be released to be public. There ARE a book and movie in the works by the estate already to capture (and capitalize) on MJs death (its reported that his estate has made over $100 million in the short months since his passing), but theres no word when these designs will see the light of day.

Audigier isn’t pushing for the lines release for the money (with over 5,000 celebrity fans, he doesn’t need any more endorsement), and told reporters I hope they understand I was friends with Michael and this is what I want to do for Michael. I do hope so too.

In the meantime, buy Christian Audigier and Ed Hardy products on Perfume.com!