Island entrepreneur Trevor Hemmings is reportedly selling Blackpool Tower.
The local council is in negotiations to buy the landmark and the winter gardens for a significantly lower cost than Mr Hemmings paid for it.
The property owner bought it for £76 million but Andy Mitchell, news editor at Radio Wave in Blackpool, says a figure of £40 million is now being discussed.
Cost of off-Island healthcare treatment almost £2m higher than forecast over five-month period
Manx Care says work is underway to reduce patient travel, but a limited budget is delaying planning
Options for Tramway Terrace expected in the next eight weeks
DOI planning to present business case for its future and reinstatement of horse tram lines to the Sea Terminal
Organisation welcomes news of Milan extension
Milan Veterinary Practice will continue to offer its farm services beyond the end of the month
AI workshop findings to shape forthcoming national strategy
Attendees across government and industry reportedly supported creating a dedicated AI Office
Island residents urged to report possible Asian hornet sightings
DEFA steps up monitoring after a confirmed case in Northern Ireland