The 50-year-old singer is also said to be working on a new album, several films and a museum to house iconic items from his career. The King of Pop is even hoping to launch a three-year world tour after his 50-date residency at London''s O2 arena concludes in March 2010.
According to sources, the singer is interested in any business endeavour that can help revive his flagging fortune. The 'Black or White" hitmaker apparently has to repay a lot of money in debt, which also forced him to sell his beloved Neverland Ranch last year. He is expected to rake in nearly A100 million pounds from his ''This Is It'' tour, due to start next month.
However, Jackson"s deteriorating health is forcing him to postpone his concerts. Although Jacko''s spokesman insists he is in great health, doctors are apparently worried about a patch of cancerous skin on his chest.