Michael Jackson to announce O2 Arena residency

The former king of pop Michael Jackson will return as a live performer by staging a residency at the 02 Arena this summer in what may prove to be the biggest comebacks in pop history.

While the exact dates of the shows are yet to be revealed, it has been reported that Michael Jackson has agreed terms with the venue and is now committed to return to live performance.

The first dates of the concerts will be confirmed at a press conference on Thursday at the 02 and it's understood the star may appear there to make the announcement. A small number of shows will be released initially but more dates will go on sale subject to fan demand.

The Michael Jackson 02 Arena residency promises to emulate or even surpass Prince's successful 21 night run at the venue in 2006. This could see Michael Jackson play to an estimated half a million fans, and theoretically generate up to £50m in revenue.