Beyonce bids for Jackson's Neverland ranch
The musical couple want to turn the estate into a vineyard, reported Daily Star.
But the price they have offered is 3 million pounds below the asking price for the 30,000-acre California estate.
Jay-Z, 43, and Beyonce, 31, reckon it is the perfect place to bring up year-old daughter Blue Ivy and to start a winery.