Is Lady Gaga Buying Neverland?

Lady Gaga's recent purchase of 55 items that belonged to Michael Jackson at an auction have sparked rumors that the singer is considering buying Jackson's Neverland ranch.

Gaga, who reportedly is friends with Jackson's sister LaToya, wants to buy Neverland so it can be preserved for his three children, according to an anonymous source who told the U.K. paper The Sun, “His kids are all desperate to hold on to their childhood home so they can decide what they want to do with it properly when they’ve grown up."

The current owner of the ranch is Sycamore Valley Ranch Company, although Jackson's children and his mother, Katherine, still hold a share. If Gaga wishes to buy the property, it could run into tens of millions of dollars.