Showbiz
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The 56-year-old is believed to be in talks to purchase the seaside St Elizabeth's House in Plymouth, with ambitions to eventually convert it into a hotel dedicated to the King of Pop.
He told the Daily Express: "I'm thinking of turning it into a whole different kind of hotel with more nightlife and atmosphere for Plymouth. My people are in touch. If the price is right - and not outrageous - I plan to buy it. I think my name would make it work.
"I'd like to see football teams staying there," he added. "I've always wanted to own a hotel and there's a consortium of friends who are entertainers that St Elizabeth's would look good to. I want to bring a little bit of showbiz to the city."
Gest, who owns a huge collection of Jackson memorabilia, said that he also intends to exhibit items once owned by The Doors frontman Jim Morrison.
> Gest sues organisers of Jackson auction
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