Michael Jackson arrived into the UK on March 3 with his three children - Prince Michael, 10, Paris, nine and five-year-old Prince Michael II. Word has it that Michael is in preparation for the 30-date comeback, which is expected to raise ￡150 million or more.

The official announcement today is expected which will share the basic details of the residency. Michael has already signed contracts with the 20,000 seat venue and is to reveal the exact dates of the residency at a press conference, as well as what may be a new album.

Tickets for the first shows are expected to go on sale soon. More shows are to follow if ticket sales demand it. Sources believe that this series of shows will be the only live performances Michael gives this year. In recent years there have been many reports of failing health for the 50 year old icon. I hope he is physically up to the task of once again moonwalking across the stage.