LONDON – French fashion tycoon Christian Audigier is set to buy Michael Jackson’s Neverland home.

“I have decided to buy that house,” the Mirror quoted him as telling French TV.

The designer is also planning to build a theme complex dedicated to the icon similar to Elvis Presley’s Graceland.

He may also offer online tours for fans to the ranch that Jackson turned into a personal theme park.

Colony Capital who had purchased the California ranch in 2008 for 20million-pound is keen to sell it after the legend’s demise.

Neverland is now worth an estimated $97,150,000.