Ozzy Osbourne and his wife Sharon have announced that they will auction off possessions from their homes in Beverly Hills, Malibu and England.

Items on auction include artwork, furniture, jewellery, and a portion of the proceeds will benefit the Sharon Osbourne Colon Cancer Foundation.

“It’s time to unload,” Sharon Osbourne told the Associated Press. “We just have an overabundance of possessions that we do not need.”

Apparently Ozzy did not agree. “I don’t know why we are selling everything as I want it all,” he said in a statement.

Ozzy will also give a benefit concert at the Los Angeles Staples Center on November 30 to kick off the sale.

Posted: 10|9|07 at 8:32 am. Filed under: UK News.