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AEG Ready to Fork Over $90,000 --- Today

7/31/2009 2:30 PM PDT BY TMZ STAFF

AEGUPDATE: TMZ has learned AEG has dropped off the $90,000 to the L.A. Police Foundation -- as promised.

We're told part of the money will go to build a memorial for fallen officers in front of the new police headquarters in downtown L.A.


AEG
is finally putting its money where its mouth is -- saying they will follow through with their promise to donate money raised at the Michael Jackson memorial to the L.A. Police Foundation.

The timing couldn't be more impeccable, considering we broke a story yesterday that the L.A. City Attorney was investigating AEG for not forking over the money.

According to the LA Times, the company plans to make a $90,000 donation today from money made on the sale of 18 suites for the July 7th memorial at the Staples Center.

As we first reported, the L.A. City Attorney is investigating AEG for holding out on the donation -- and they believe AEG should pay for sanitation, transportation, street services and LAPD protection expenses, an amount which is estimated to go into the 7 figures.

451 COMMENTS

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76.

Tstorm    

PM implicated the mayor a day or so ago ... but his role was still unclear

1855 days ago
77.

Della    

501 (c) 3 -Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations - Exempt Status

Got it ... go on

1855 days ago
78.

Chico    

This is where I'm stumped....since there was no listing for assets....is pm saying either money/drugs was funneled thru HTWF? And what's up with the lawsuit? How does that tie into everything he said? How in the world does that tie into the painting (angel) and haiti (I'm still not sure about that one) and blue eyez...

I'M NOT GETTING THE CONNECTION. But I do know that these articles were what PM was talking about..

Maybe frauding the IRS? And where was that money going? MJ had very little liquid assets when he died? So where was the cash going? And how does the vet fit into this?

1855 days ago
79.

AM Hood    

Has this will be authenticated? How do we know this is the orginal will. I do not see Micheal turning his fortune to these guys they look sleazy and appeared too happy in the photos I have seem. No sign of mourning the death of MJ. I am sorry but, they need to be checked into. If MJ was broke and in good health, why the doctor and who got this doctor, for what reason and who paid the doctor. remember MJ was insured for the tour for overdose not accidental death which is usual. Who get is the beneficiary? It is all a little to strange for me! Anybody else got ?'s

1855 days ago
80.

Chico    

And...this all ties into Neverland....whatever PM is trying to say....it starts and ends at Neverland.

1855 days ago
81.

Chico    

HEY.....MAYBE SAIL EAST TO SAIL WEST YOU END UP IN YOUR OWN BACKYARD....

Maybe that's EXACTLY WHAT HE MEANS.....EVERYTHING STARTS AND ENDS IN NEVERLAND.....Della?

1855 days ago
82.

Della    

i already asked that queston several post back

della = invisible today

1855 days ago
83.

Chico    

Della, T, Singermagic....feedback please.

1855 days ago
84.

maira    

Yeap, follow the money... Also, I think Branca is overlooked and somehow connected to all this, He leaves in 2006. Fortune falls apart. Branca is rehired two or three weeks before Michael's death.

I think PM might be one of the JJ's.

1855 days ago
85.

Chico    

OMG Della....LOL U are not invisible today or any other....LOL What r u so sensitive today? I'm not meaning to miss posts....I'm doing 14 things at once and trying to keep up with the posts. Let me just apologize IN ADVANCE for any irritation I might cause you.....LOL U know I love ya Della.

1855 days ago
86.

Della    

I would think that everything starts and ends at neverland.

Also he brought up the tree.. the giving tree. What is the significance of the giving tree. He shared it in the video. did he leave something in the tree or on the tree? Is there something buried around the tree, near the tree?

1855 days ago
87.

Della    

Sorry just feeling slighted today. i dont know why.. very emotional today. my emotions are tied to the weather .. it's raining. feeling the weight of the world and I can't shake it. sorry. try not to be so sensitive today.

I did say i would try.

geeeszzh

1855 days ago
88.

Chico    

The giving tree = the kids.

1855 days ago
89.

Della    

tell me how you came up with the giving tree = the kids..

1855 days ago
90.

maira    

Yes, and the phrase was "with Grace the giving tree", I think it's Grace Rwaramba...

1855 days ago
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