Michael Jackson decided to go back on tour for the first time in 13 years to build a trust fund for his children, according to the organiser of his upcoming London concerts.
The Thriller hitmaker's last major tour was in 1996 but he is set to return to the stage in July (09) for a mammoth 50-date run in the British capital.
Internet gossips have long speculated about Jackson's reasons for scheduling the shows, with many suggesting the singer is facing financial ruin.
But AEG Live president Randy Phillips, head of the company promoting the London concerts, is adamant Jackson's three children are the main motivation behind the star's comeback.
He says, "When I asked him why he was doing this tour now, he said it was because his kids are old enough to appreciate it and he still felt young enough to do it. He's told me that whatever profit he makes from these shows will go into a trust fund for his children."
Jackson is dad to Prince, 12, Paris, 11, from his marriage to Debbie Rowe, and Prince Michael Jackson II, also known as Blanket, six, whose mother was an unnamed surrogate.