Lisa Marie Presley will move into her late father ELVIS' beloved home GRACELAND - to save it from being closed down.

The Memphis, Tennessee mansion faced bankrputcy after dwindling interest from fans of the King Of Rock.

But Lisa Marie, 36, has told administrators she wants to move into her childhood home and cover all the bills.

JACK SODEN, president of ELVIS PRESLEY ENTERPRISES, says, "She (Lisa Marie) says she'll live there herself - and still open part of the mansion to the public - rather than let her daddy's legacy die.

"Shutting it down would be a crime against Elvis' memory.

"He would spin in his grave if the fans could no longer come and pay tribute."

09/05/2004 13:53