After confirming the payment issues surrounding his sprawling home had been resolved, Michael said that he was in discussions with the company founder Tom Barrack Jr. "with regard to the ranch and other matters."..
It is being reported that "other matters" relate to contract terms for live performances.
Michael was set to lose Neverland after failing to meet payments on a $24.5 million loan.
The singer was offered a lifeline when the loan was sold to Colony Capital.
Michael bought Neverland in 1987, with the intention of turning it into a "paradise for children".
In 2005, the singer was acquitted of sexual molestation relating to allegations of incidents that had taken place with a teenage boy inside his Neverland home.
The following year, authorities ordered the property to be boarded up after it was revealed Michael had not paid employees or kept up with insurance payments.
Source: Bang Showbiz
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