Michael Jackson has released a statement via spokeswoman Raymone Bain, explaining that he is addressing his financial affairs, as well as detailing his plans for a new album and tour, plus a relocation to Europe.
The pop star has split with his business managers - Bernstein, Fox, Whitman, Goldman and Sloan - plus his Bahrain-based attorneys Qays Zu'bi and Grahame Nelson in what Bain calls "the first of a sweeping restructuring of his personal and business affairs." Jackson has, she says, set up a new concern, The Michael Jackson Company, Inc, and is to close MJJ productions, which previously dealt with most of his public affairs. Raymone Bain herself is set to general manage the new company, and says that New York business restructuring firm, L. Londell McMillan and The McMillan Firm, will be handling the singer's legal business matters.
The statement goes on to say that Jackson is studying proposals for a concert tour, and confirms the singer's future career plans, saying: "Mr Jackson has previously announced plans to record an album which he predicts will be released in 2007."
On his previously denied plans to move to Europe, Bain added: "Mr Jackson, who is currently in Ireland on personal business, plans on relocating to Europe in the near future." Where exactly in Europe Jackson plans to settle is not yet clear, although you may remember that he told the Daily Mirror some weeks back that he was looking for properties in the UK and Ireland.