Pop superstar Michael Jackson is reportedly receiving financial help from bosses at Sony Music, who are attempting to stave off the foreclosure of his California property and Beatles catalogue.

Sony have a stake in Jackson's in $1 billion (GBP550 million) Sony/ATV Music Publishing Company and have allegedly been working with Fortress Investments to bring Jackson's $270 million (GBP150 million) in loans out of default and foreclosure.

A source tells Fox News columnist Roger Friedman, "This would be in our best interests," adding that if Fortress forecloses on Jackson, Sony would be farther away from owning his half of the company than they are now.

The sources also claim that the prince of Bahrain, SHEIK ABDULLAH BIN HAMAD AL KHALIFA, has taken over all of Jackson's business matters and the pop star has not been in touch with even his closest aides.

Jackson has been in Bahrain since his acquittal on California child molestation charges in June (05) and has been reported as saying he has no intention of returning to the US.