An Orange County, Califorina bankruptcy judge ruled this week that the Crystal Cathedral, the one built by Rev. Robert Schuller, will be sold for $57.5 million to the Roman Catholic Diocese of Orange, which plans to consecrate it as a Catholic cathedral.
Don’t worry the 85-year-old Schuller can still boardcast his weekly service, “Hour of Power,” for a few more years. Under terms of the bid, the diocese will let the church lease back core buildings for three years, but then it has to find a new home.
The church has been in a downward slide for years, culminating in the Chapter 11 bankruptcy filing in October 2010, when it cited more than $50 million in debt. A fund drive was only able to raise $173,000.
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