An event honoring Michael Jackson is set for Tuesday morning at the Staples Center in Los Angeles, FOX News has learned.

Sources close to the dicussions tell FOX News that a Jackson event will take place at 10 a.m. at the downtown arena where the Los Angeles Lakers play.

It wasn't immediately clear if a funeral or a public memorial was being discussed for the entertainer — or both, a source told the Associated Press. The person said all talks are preliminary, and no decisions have been made.

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Speculation about the potential location of a memorial had ricocheted during the day from the Staples Center to the Los Angeles Coliseum to the Nokia Theater. Jackson family spokesman Ken Sunshine said a public memorial was in the works but that it wouldn't be at Neverland.

Jackson's older brother Jermaine Jackson expressed home in an interview early Tuesday morning that Michael would be buried at his Neverland Ranch north of Los Angeles. The elimination of the proposed Neverland memorial came as a blow to many Jackson fans who had already descended on the estate in hope of attending a public viewing.

"We're terribly disappointed," said Ida Barron, 44, who arrived with her husband Paul Barron, 56, intending to spend several days in a tent.

Many of Jackson's die-hard fans refused to believe that the family would bury their most famous son without acknowledging the supporters who helped propel him to superstardom.

"I can't believe they wouldn't do something for his fans," said Rosie Padron, who had roped off a spot just outside the Neverland gates. "Michael loved his fans."