RIDDELL SPORTS INC
SC 13D/A, 1998-12-17
SPORTING & ATHLETIC GOODS, NEC
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<PAGE>   


      
                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549


                                 SCHEDULE 13D

                   UNDER THE SECURITIES EXCHANGE ACT OF 1934

                               (AMENDMENT NO. 6)


                              RIDDELL SPORTS INC.
                               (Name of Issuer)


                         COMMON STOCK, $.01 PAR VALUE
                        (Title of Class of Securities)


                                  765670-10-4
                                (CUSIP Number)


                              Lisa Marroni, Esq.
                              RIDDELL SPORTS INC.
                           900 THIRD AVE - FLOOR 27
                           NEW YORK, NEW YORK  10022
                                (212) 826-4300
           (Name, Address and Telephone Number of Person Authorized
                     to Receive Notices and Communications)


                               December 11, 1998
                         (Date of Event which Requires
                           Filing of this Statement)


      IF THE FILING PERSON HAS PREVIOUSLY FILED A STATEMENT ON SCHEDULE
      13G TO REPORT THE ACQUISITION WHICH IS THE SUBJECT OF THIS
      SCHEDULE 13D, AND IS FILING THIS SCHEDULE BECAUSE OF RULE
      13D-1(B)(3) OR (4), CHECK THE FOLLOWING  BOX: [ ]



                                      -1-

<PAGE>   

                                     13D
CUSIP NO. 765670-10-4
- ----------------------------------------------------------------------------
    1      NAME OF REPORTING PERSONS    ROBERT HOLDINGS, INC.
           S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS   38-2991917
- ----------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:    (a)  (X) 
                                                                (b)  ( ) 
- ----------------------------------------------------------------------------
    3      SEC USE ONLY
- ----------------------------------------------------------------------------
    4      SOURCE OF FUNDS                              WC
- ----------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
           PURSUANT TO ITEM 2(d) or 2(e)                             ( )
- ----------------------------------------------------------------------------
    6      CITIZEN OR PLACE OF ORGANIZATION             MICHIGAN
- ----------------------------------------------------------------------------
  NUMBER OF        7     SOLE VOTING POWER             NONE
    SHARES         ---------------------------------------------------------
 BENEFICIALLY      8     SHARED VOTING POWER           NONE
   OWNED BY        ---------------------------------------------------------
     EACH          9     SOLE DISPOSITIVE POWER        456,506
  REPORTING        ---------------------------------------------------------
 PERSON WITH       10    SHARED DISPOSITIVE POWER      NONE
- ----------------------------------------------------------------------------
    11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
           456,506
- ----------------------------------------------------------------------------
    12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
           CERTAIN SHARES                                            ( )
- ----------------------------------------------------------------------------
    13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.6%
- ----------------------------------------------------------------------------
    14     TYPE OF REPORTING PERSON           CO
- ----------------------------------------------------------------------------





















                                      -2-


<PAGE>   

                                     13D
CUSIP NO. 765670-10-4
- ----------------------------------------------------------------------------
    1      NAME OF REPORTING PERSONS   QEN, INC.
           S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS   38-2826611
- ----------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:    (a)  (X) 
                                                                (b)  ( ) 
- ----------------------------------------------------------------------------
    3      SEC USE ONLY
- ----------------------------------------------------------------------------
    4      SOURCE OF FUNDS                              WC
- ----------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
           PURSUANT TO ITEM 2(d) or 2(e)                             ( )
- ----------------------------------------------------------------------------
    6      CITIZEN OR PLACE OF ORGANIZATION             MICHIGAN
- ----------------------------------------------------------------------------
  NUMBER OF        7     SOLE VOTING POWER             50,000
    SHARES         ---------------------------------------------------------
 BENEFICIALLY      8     SHARED VOTING POWER           NONE
   OWNED BY        ---------------------------------------------------------
     EACH          9     SOLE DISPOSITIVE POWER        50,000
  REPORTING        ---------------------------------------------------------
 PERSON WITH       10    SHARED DISPOSITIVE POWER      NONE
- ----------------------------------------------------------------------------
    11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
           50,000
- ----------------------------------------------------------------------------
    12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
           CERTAIN SHARES                                           ( )
- ----------------------------------------------------------------------------
    13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)     
           LESS THAN 1%
- ----------------------------------------------------------------------------
    14     TYPE OF REPORTING PERSON           CO
- ----------------------------------------------------------------------------




















                                      -3-


<PAGE>   

                                     13D
CUSIP NO. 765670-10-4
- ----------------------------------------------------------------------------
    1      NAME OF REPORTING PERSONS   ROBERT NEDERLANDER
           S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS   ###-##-####
- ----------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:    (a)  (X)  
                                                                (b)  ( )  
- ----------------------------------------------------------------------------
    3      SEC USE ONLY
- ----------------------------------------------------------------------------
    4      SOURCE OF FUNDS                              OO
- ----------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
           PURSUANT TO ITEM 2(d) or 2(e)                              ( )
- ----------------------------------------------------------------------------
    6      CITIZEN OR PLACE OF ORGANIZATION             UNITED STATES
- ----------------------------------------------------------------------------
  NUMBER OF        7     SOLE VOTING POWER             5,201,231
    SHARES         ---------------------------------------------------------
 BENEFICIALLY      8     SHARED VOTING POWER           NONE
   OWNED BY        ---------------------------------------------------------
     EACH          9     SOLE DISPOSITIVE POWER        1,259,710
  REPORTING        ---------------------------------------------------------
 PERSON WITH       10    SHARED DISPOSITIVE POWER      NONE
- ----------------------------------------------------------------------------
    11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
           5,201,231
- ----------------------------------------------------------------------------
    12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
           CERTAIN SHARES                                            ( )
- ----------------------------------------------------------------------------
    13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)51.6%
- ----------------------------------------------------------------------------
    14     TYPE OF REPORTING PERSON           IN
- ----------------------------------------------------------------------------





















                                      -4-


<PAGE>   

                                     13D
CUSIP NO. 765670-10-4
- ----------------------------------------------------------------------------
    1      NAME OF REPORTING PERSONS   R.E.R. CORP.
           S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS   38-276-7825
- ----------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A  GROUP:    (a)  (X) 
                                                                 (b)  ( ) 
- ----------------------------------------------------------------------------
    3      SEC USE ONLY
- ----------------------------------------------------------------------------
    4      SOURCE OF FUNDS                              WC
- ----------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
           PURSUANT TO ITEM 2(d) or 2(e)                             ( )
- ----------------------------------------------------------------------------
    6      CITIZEN OR PLACE OF ORGANIZATION             MICHIGAN
- ----------------------------------------------------------------------------
  NUMBER OF        7     SOLE VOTING POWER             NONE
    SHARES         ---------------------------------------------------------
 BENEFICIALLY      8     SHARED VOTING POWER           NONE
   OWNED BY        ---------------------------------------------------------
     EACH          9     SOLE DISPOSITIVE POWER        511,612
  REPORTING        ---------------------------------------------------------
 PERSON WITH       10    SHARED DISPOSITIVE POWER      NONE
- ----------------------------------------------------------------------------
    11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
           511,612
- ----------------------------------------------------------------------------
    12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
           CERTAIN SHARES                                            ( )
- ----------------------------------------------------------------------------
    13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)5.6 %
- ----------------------------------------------------------------------------
    14     TYPE OF REPORTING PERSON           CO
- ----------------------------------------------------------------------------





















                                      -5-


<PAGE>   

                                     13D
CUSIP NO. 765670-10-4
- ----------------------------------------------------------------------------
    1      NAME OF REPORTING PERSONS   JOHN MCCONNAUGHY, JR.
           S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS   ###-##-####
- ----------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:    (a)  (X) 
                                                                (b)  ( ) 
- ----------------------------------------------------------------------------
    3      SEC USE ONLY
- ----------------------------------------------------------------------------
    4      SOURCE OF FUNDS                              OO
- ----------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
           PURSUANT TO ITEM 2(d) or 2(e)                             ( )
- ----------------------------------------------------------------------------
    6      CITIZEN OR PLACE OF ORGANIZATION             UNITED STATES
- ----------------------------------------------------------------------------
  NUMBER OF        7     SOLE VOTING POWER             NONE
    SHARES         ---------------------------------------------------------
 BENEFICIALLY      8     SHARED VOTING POWER           NONE
   OWNED BY        ---------------------------------------------------------
     EACH          9     SOLE DISPOSITIVE POWER        1,046,437
  REPORTING        ---------------------------------------------------------
 PERSON WITH       10    SHARED DISPOSITIVE POWER      NONE
- ----------------------------------------------------------------------------
    11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
           1,046,437
- ----------------------------------------------------------------------------
    12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
           CERTAIN SHARES                                          ( )
- ----------------------------------------------------------------------------
    13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.3%
- ----------------------------------------------------------------------------
    14     TYPE OF REPORTING PERSON           IN
- ----------------------------------------------------------------------------





















                                      -6-


<PAGE>   

                                     13D
CUSIP NO. 765670-10-4
- ----------------------------------------------------------------------------
    1      NAME OF REPORTING PERSONS   JEMC CORP.
           S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS   ###-##-####
- ----------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:    (a)  (X) 
                                                                (b)  ( ) 
- ----------------------------------------------------------------------------
    3      SEC USE ONLY
- ----------------------------------------------------------------------------
    4      SOURCE OF FUNDS                              WC
- ----------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
           PURSUANT TO ITEM 2(d) or 2(e)                            ( )
- ----------------------------------------------------------------------------
    6      CITIZEN OR PLACE OF ORGANIZATION             DELAWARE
- ----------------------------------------------------------------------------
  NUMBER OF        7     SOLE VOTING POWER             NONE
    SHARES         ---------------------------------------------------------
 BENEFICIALLY      8     SHARED VOTING POWER           NONE
   OWNED BY        ---------------------------------------------------------
     EACH          9     SOLE DISPOSITIVE POWER        853,993
  REPORTING        ---------------------------------------------------------
 PERSON WITH       10    SHARED DISPOSITIVE POWER      NONE
- ----------------------------------------------------------------------------
    11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
           853,993
- ----------------------------------------------------------------------------
    12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
           CERTAIN SHARES                                          ( )
- ----------------------------------------------------------------------------
    13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.3%
- ----------------------------------------------------------------------------
    14     TYPE OF REPORTING PERSON           CO
- ----------------------------------------------------------------------------





















                                      -7-


<PAGE>   

                                     13D
CUSIP NO. 765670-10-4
- ----------------------------------------------------------------------------
    1      NAME OF REPORTING PERSONS   DAVID MAUER
           S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS   ###-##-####
- ----------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:    (a)  (X) 
                                                                (b)  ( ) 
- ----------------------------------------------------------------------------
    3      SEC USE ONLY
- ----------------------------------------------------------------------------
    4      SOURCE OF FUNDS                              PF
- ----------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
           PURSUANT TO ITEM 2(d) or 2(e)                            ( )
- ----------------------------------------------------------------------------
    6      CITIZEN OR PLACE OF ORGANIZATION             UNITED STATES
- ----------------------------------------------------------------------------
  NUMBER OF        7     SOLE VOTING POWER             NONE
    SHARES         ---------------------------------------------------------
 BENEFICIALLY      8     SHARED VOTING POWER           NONE
   OWNED BY        ---------------------------------------------------------
     EACH          9     SOLE DISPOSITIVE POWER        445,645
  REPORTING        ---------------------------------------------------------
 PERSON WITH       10    SHARED DISPOSITIVE POWER      NONE
- ----------------------------------------------------------------------------
    11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
           445,645
- ----------------------------------------------------------------------------
    12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
           CERTAIN SHARES                                           ( )
- ----------------------------------------------------------------------------
    13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.6%
- ----------------------------------------------------------------------------
    14     TYPE OF REPORTING PERSON           IN
- ----------------------------------------------------------------------------





















                                      -8-


<PAGE>   

                                     13D
CUSIP NO. 765670-10-4
- ----------------------------------------------------------------------------
    1      NAME OF REPORTING PERSONS   DAN COUGILL
           S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS   ###-##-####
- ----------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:    (a)  ( ) 
                                                                (b)  (X) 
- ----------------------------------------------------------------------------
    3      SEC USE ONLY
- ----------------------------------------------------------------------------
    4      SOURCE OF FUNDS                              PF
- ----------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
           PURSUANT TO ITEM 2(d) or 2(e)                            ( )
- ----------------------------------------------------------------------------
    6      CITIZEN OR PLACE OF ORGANIZATION             UNITED STATES
- ----------------------------------------------------------------------------
  NUMBER OF        7     SOLE VOTING POWER             9,836
    SHARES         ---------------------------------------------------------
 BENEFICIALLY      8     SHARED VOTING POWER           NONE
   OWNED BY        ---------------------------------------------------------
     EACH          9     SOLE DISPOSITIVE POWER        9,836
  REPORTING        ---------------------------------------------------------
 PERSON WITH       10    SHARED DISPOSITIVE POWER      NONE
- ----------------------------------------------------------------------------
    11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
           9,836
- ----------------------------------------------------------------------------
    12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
           CERTAIN SHARES                                         ( )
- ----------------------------------------------------------------------------
    13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Less than 1.0%
- ----------------------------------------------------------------------------
    14     TYPE OF REPORTING PERSON           IN
- ----------------------------------------------------------------------------





















                                      -9-


<PAGE>   

                                     13D              
CUSIP NO. 765670-10-4
- ----------------------------------------------------------------------------
    1      NAME OF REPORTING PERSONS   LENNY CORP.
           S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS   13-3970019
- ----------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:    (a)  (X) 
                                                                (b)  ( ) 
- ----------------------------------------------------------------------------
    3      SEC USE ONLY
- ----------------------------------------------------------------------------
    4      SOURCE OF FUNDS                              WC, OO
- ----------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
           PURSUANT TO ITEM 2(d) or 2(e)                             ( )
- ----------------------------------------------------------------------------
    6      CITIZEN OR PLACE OF ORGANIZATION             DELAWARE
- ----------------------------------------------------------------------------
  NUMBER OF        7     SOLE VOTING POWER             NONE
    SHARES         ---------------------------------------------------------
 BENEFICIALLY      8     SHARED VOTING POWER           NONE
   OWNED BY        ---------------------------------------------------------
     EACH          9     SOLE DISPOSITIVE POWER        932,510
  REPORTING        ---------------------------------------------------------
 PERSON WITH       10    SHARED DISPOSITIVE POWER      NONE
- ----------------------------------------------------------------------------
    11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
           932,510
- ----------------------------------------------------------------------------
    12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
           CERTAIN SHARES                                          ( )
- ----------------------------------------------------------------------------
    13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.1%
- ----------------------------------------------------------------------------
    14     TYPE OF REPORTING PERSON           CO
- ----------------------------------------------------------------------------





















                                     -10-


<PAGE>   

                                     13D
CUSIP NO. 765670-10-4
- ----------------------------------------------------------------------------
    1      NAME OF REPORTING PERSONS   LEONARD TOBOROFF, P.C. DEFINED
                                          BENEFIT PLAN
           S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS   ###-##-####
- ----------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:    (a)  (X) 
                                                                (b)  ( ) 
- ----------------------------------------------------------------------------
    3      SEC USE ONLY
- ----------------------------------------------------------------------------
    4      SOURCE OF FUNDS                              OO
- ----------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
           PURSUANT TO ITEM 2(d) or 2(e)                            ( )
- ----------------------------------------------------------------------------
    6      CITIZEN OR PLACE OF ORGANIZATION             DELAWARE
- ----------------------------------------------------------------------------
  NUMBER OF        7     SOLE VOTING POWER             NONE
    SHARES         ---------------------------------------------------------
 BENEFICIALLY      8     SHARED VOTING POWER           NONE
   OWNED BY        ---------------------------------------------------------
     EACH          9     SOLE DISPOSITIVE POWER        114,126
  REPORTING        ---------------------------------------------------------
 PERSON WITH       10    SHARED DISPOSITIVE POWER      NONE
- ----------------------------------------------------------------------------
    11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
           114,126
- ----------------------------------------------------------------------------
    12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
           CERTAIN SHARES                                          ( )
- ----------------------------------------------------------------------------
    13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  1.2%
- ----------------------------------------------------------------------------
    14     TYPE OF REPORTING PERSON           OO
- ----------------------------------------------------------------------------




















                                     -11-


<PAGE>   

                                     13D
CUSIP NO. 765670-10-4
- ----------------------------------------------------------------------------
    1      NAME OF REPORTING PERSONS   LEONARD TOBOROFF
           S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS   ###-##-####
- ----------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:    (a)  (X) 
                                                                (b)  ( ) 
- ----------------------------------------------------------------------------
    3      SEC USE ONLY
- ----------------------------------------------------------------------------
    4      SOURCE OF FUNDS                              OO
- ----------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
           PURSUANT TO ITEM 2(d) or 2(e)                             ( )
- ----------------------------------------------------------------------------
    6      CITIZEN OR PLACE OF ORGANIZATION             UNITED STATES
- ----------------------------------------------------------------------------
  NUMBER OF        7     SOLE VOTING POWER             NONE
    SHARES         ---------------------------------------------------------
 BENEFICIALLY      8     SHARED VOTING POWER           NONE
   OWNED BY        ---------------------------------------------------------
     EACH          9     SOLE DISPOSITIVE POWER        1,311,085
  REPORTING        ---------------------------------------------------------
 PERSON WITH       10    SHARED DISPOSITIVE POWER      NONE
- ----------------------------------------------------------------------------
    11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          1,311,085
- ----------------------------------------------------------------------------
    12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
           CERTAIN SHARES                                           ( )
- ----------------------------------------------------------------------------
    13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.2%
- ----------------------------------------------------------------------------
    14     TYPE OF REPORTING PERSON           IN
- ----------------------------------------------------------------------------





















                                     -12-


<PAGE>   

                                     13D
CUSIP NO. 765670-10-4
- ----------------------------------------------------------------------------
    1      NAME OF REPORTING PERSONS   JEFFREY G. WEBB
           S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS   ###-##-####
- ----------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:    (a)  (X) 
                                                                (b)  ( ) 
- ----------------------------------------------------------------------------
    3      SEC USE ONLY
- ----------------------------------------------------------------------------
    4      SOURCE OF FUNDS                              PF
- ----------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
           PURSUANT TO ITEM 2(d) or 2(e)                            ( )
- ----------------------------------------------------------------------------
    6      CITIZEN OR PLACE OF ORGANIZATION             UNITED STATES
- ----------------------------------------------------------------------------
  NUMBER OF        7     SOLE VOTING POWER             NONE
    SHARES         ---------------------------------------------------------
 BENEFICIALLY      8     SHARED VOTING POWER           NONE
   OWNED BY        ---------------------------------------------------------
     EACH          9     SOLE DISPOSITIVE POWER       1,147,354
  REPORTING        ---------------------------------------------------------
 PERSON WITH       10    SHARED DISPOSITIVE POWER      NONE
- ----------------------------------------------------------------------------
    11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
           1,147,354
- ----------------------------------------------------------------------------
    12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
           CERTAIN SHARES                                           ( )
- ----------------------------------------------------------------------------
    13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)   12.0%
- ----------------------------------------------------------------------------
    14     TYPE OF REPORTING PERSON           IN
- ----------------------------------------------------------------------------





















                                     -13-


<PAGE>   

     This Amendment No. 6 amends the Schedule 13D filed on February 15, 1994
and amended on August 9, 1995, May 10, 1996, June 26, 1997, August 22, 1997and
April 16, 1998(the "Schedule 13D") originally filed by M.L.C. Partners Limited
Partnership, a Delaware limited partnership ("MLC") and its three general
partners, Robert Holdings, Inc., a Michigan corporation ("Robert Holdings"),
Lenny Corp., a Delaware corporation ("Lenny Corp.") and Financial Trustees,
Inc., a Florida corporation ("FTI"), and also, QEN, Inc., a Michigan
corporation ("QEN"), Robert E. Nederlander ("Nederlander") and John
McConnaughy, Jr. ("McConnaughy"), relating to the common stock (the "Common
Stock"), par value $.01 per share (the "Shares"), of Riddell Sports Inc. (the
"Company").

Item 2.   Identity and Background.

     Item 2 is hereby amended and supplemented as follows:

     This Statement is being filed by Robert Holdings, and also Lenny Corp, 
Leonard Toboroff, P.C., Defined Benefit Plan, a pension plan intended to be
qualified pursuant to Section 401(a) of the Internal Revenue Code of 1986, as
amended ("Benefit Plan"), JEMC Corp., a Delaware corporation ("JEMC"), QEN,
R.E.R. Corp., a Michigan corporation ("RER"), Nederlander, McConnaughy,
Leonard Toboroff ("Toboroff"), David Mauer ("Mauer"), Dan Cougill ("Cougill")
and Jeffrey Webb ("Webb").  Robert Holdings, RER, Lenny Corp., Benefit Plan,
JEMC, QEN, Nederlander, McConnaughy, Toboroff, Mauer and Cougill are
hereinafter sometimes collectively referred to the "Reporting Persons."

     The names, business address, present principal occupation or employment
and address of any corporation or organization in which such employment is
conducted, of the executive officers and directors and controlling
stockholders of Robert Holdings, Lenny Corp., Benefit Plan, RER, JEMC and QEN
are set forth on Schedule A, B, C, D, E and F, attached to the Schedule 13D,
respectively.

     None of the Reporting Persons, and to the knowledge of the Reporting
Persons, the persons set forth on Schedules A through F, attached hereto, has,
during the last five years, (i) been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors) or (ii) been a party to
a civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, Federal or State securities laws or
finding any violation with respect to such laws.

Item 3.     Source and Amount of Funds or Other
            Consideration.

     Item 3 is hereby amended as follows:

      In connection with the exercise of warrants descried more fully in Item
4, the Reporting Persons paid the exercise price by delivering shares of
Common Stock which they received upon exercising the warrant. Mr. Mauer used
personal funds to purchase the 1,100 shares of Common Stock reported herein,
and did not borrow funds.  Otherwise, the Reporting Persons were not required
to pay any funds in connection with the transactions reported in this
Amendment.


                                     -14-


<PAGE>   

Item 4.

     This Amendment to Schedule 13D was filed for the following reasons:

      a.  In connection with his resignation from the positions of President
and Chief Operating Officer of the Riddell Group Division of the Company, the
Company terminated certain unexercised stock options to acquire 90,250 shares
of Common Stock previously granted to Mr. Cougill under the Company's 1991
Stock Option Plan and deemed beneficially owned by him pursuant to Rule 13d-
3(d) of the Securities Exchange Act, as amended, on the date of this filing. 
This Amendment reflects the reduction in Mr. Cougill's beneficial ownership by
this number of shares.

      b.  In addition, in connection with his resignation from the Company,
Mr. Cougill is no longer a party to that Stockholders' Agreement dated August
14, 1995 (the "Stockholders' Agreement") among the Company and the Reporting
Persons, as amended.  Accordingly, the shares of Common Stock owned by Mr.
Cougill are no longer subject to the voting and other restrictions contained
therein, and Mr. Cougill is no longer a member of the 13D filing group
effective December 11, 1998.

      c.  Pursuant to the voting agreement contained in the Stockholder's
Agreement, Mr. Nederlander is deemed to beneficially own the shares of Common
Stock beneficially owned by the Reporting Persons.  As a result of Mr.
Cougill's resignation, Mr. Nederlander is no longer deemed to beneficially own
the shares of stock beneficially owned by Mr. Cougill.  This Amendment amends
the Schedule 13D to reduce Mr. Nederlander's beneficial ownership of Common
Stock by 96,427 shares, which is the number of shares of Common Stock reported
in Amendment No. 5 to this Schedule 13D as beneficially owned by Mr. Cougill
(and, therefore, also by Mr. Nederlander).  Further, it also reflects an
increase in Mr. Cougill's Sole Voting Power to 9,836 shares of Common Stock,
constituting his entire beneficial ownership of Common Stock on the date of
this Amendment.  

       d.  On June 24, 1997 Messrs. McConnaughy, Nederlander, and Toboroff,
directors of the Company, were given automatic grants of options to acquire
7,500 shares of Common Stock under the Company's 1991 Stock Option Plan. 
These options vested in full on June 24, 1998, and this Amendment amends the
Schedule 13D to include such shares as beneficially owned by such persons.

           Pursuant to the voting agreement contained in the Stockholder's
Agreement, Mr. Nederlander is deemed to beneficially own the 7,500 shares of
Common Stock beneficially owned by each of Mr. McConnaughy and Toboroff, and
this Amendment amends the Schedule 13D to reflect the increase in Mr.
Nederlander's beneficial ownership by these 15,000 shares.  Messrs.  Toboroff
and McConnaughy no longer have sole voting power with respect to these shares.

            On June 24, 1998, Messrs. McConnaughy, Nederlander, were given
automatic grants of options to acquire 7,500 shares of Common Stock under the
Company's 1991 Stock Option Plan; these options vest in full June 24, 1999 and
are not deemed beneficially owned by such persons on the date of the filing of
this Amendment and are not included in the tables.

       e.  On each of June 24, 1998 and July 16, 1998, 12,500 shares
underlying stock options granted to Mr. Mauer vested and are deemed


                                     -15-


<PAGE>   

beneficially owned by him.  Accordingly, this Amendment amends the Schedule
13D to include these additional 25,000 shares owned by Mr. Mauer.

           Pursuant to the voting agreement contained in the Stockholder's
Agreement, Mr. Nederlander is deemed to beneficially own the 25,000 shares of
Common Stock beneficially owned by Mr. Mauer, and this Amendment amends the
Schedule 13D to reflect the increase in Mr. Nederlander's beneficial ownership
by these 25,000 shares.  Mr. Mauer no longer has sole voting power with
respect to these shares.

           On June 24, 1998 Mr. Mauer was granted an option to acquire 40,000
shares of Common Stock.  This option has not vested and shares underlying this
option are not deemed beneficially owned by Mr. Mauer on the date of this
Amendment and are not included in the table.

      f.  On June 24, 1998, 16,667 shares underlying a stock option granted to
Mr. Webb vested and are deemed beneficially owned by him.  Accordingly, this
Amendment amends the Schedule 13D to include this additional number of shares
owned by Mr. Webb.

      Pursuant to the voting agreement contained in the Stockholder's
Agreement, Mr. Nederlander is deemed to beneficially own the 16,667 shares of
Common Stock beneficially owned by Mr. Webb, and this Amendment amends the
Schedule 13D to reflect the increase in Mr. Nederlander's beneficial ownership
by these 16,667 shares.  Mr. Webb no longer has sole voting power with respect
to these shares.  

      On June 24, 1998 Mr. Webb was granted an option to acquire 35,000 shares
of Common Stock; Mr. Webb is not deemed to beneficially own these shares on
the date of this Amendment and they are not included in the table.

      g.  In October, 1998 the Board of Directors resolved to give the
Reporting Persons, as holders of the Warrant to acquire an aggregate of
150,000 shares of Common Stock (the "Warrant") an option to pay the exercise
price of the Warrant either in shares of Common Stock to be received upon the
exercise of the Warrant or in cash.  A warrant holder who pays the exercise
price in shares which he will receive upon exercising the warrant will receive
fewer shares than had he paid the exercise price in cash.  All of the
Reporting Persons have accepted the offer to pay the exercise price in shares
of Common Stock and have exercised their Warrants.

      The shares received upon exercise were previously included in the number
of shares beneficially owned by the Reporting Persons and have been previously
reported in this Schedule 13D.

      Accordingly, this Amendment No. 6 amends the Schedule 13D to reduce the
number of shares of Common Stock beneficially owned by these persons as listed
below:

Robert Holdings, Inc                17,939
RER Corp.                           17,752
Lenny Corp.                         33,933
Lenny Toboroff Defined 
    Pension Benefit Plan             4,485
JEMC Corp.                          31,207
David Mauer                          1,980 

                                     -16-


<PAGE>   

Dan Cougill                            341 

      As noted above, pursuant to the voting agreement contained in the
Stockholder's Agreement, Mr. Nederlander is deemed to beneficially own the
shares of Common Stock beneficially owned by the Reporting Persons. 
Accordingly, this Amendment amends the Schedule 13D to reduce Mr.
Nederlander's beneficial ownership by the total number of shares of Common
Stock listed in this chart (107,296) exclusive of those shares relating to Mr.
Cougill.  These entities and individuals no longer have sole voting power with
respect to the shares of Common Stock received by them upon exercise of their
Warrants.

      h. On November 16, 1998 Mr. Mauer purchased 1,000 shares of Common Stock
and on November 23, 1998 Mr. Mauer purchased 100 shares of Common Stock 
Mr. Mauer purchased these shares in the open market through a private purchase
through a broker. This Amendment amends the Schedule 13D to reflect the
increase in Mr. Mauer's ownership of shares as a result of these purchases.

            Pursuant to the voting agreement contained in the Stockholder's
Agreement, Mr. Nederlander is deemed to beneficially own the 1,100 shares of
Common Stock purchased by Mr. Mauer, and this Amendment amends the Schedule
13D to reflect the increase in Mr. Nederlander's beneficial ownership by these
1,100 shares.  Mr. Mauer no longer has sole voting power with respect to these
shares.  

      i.  As noted in Amendment No. 5 to this Schedule, in April 1998 MLC
agreed to liquidate.  The liquidation has been completed, and this Amendment
No. 6 amends the Schedule 13D to delete MLC as a Reporting Person because the
entity no longer exists under Delaware law.

     The Reporting Persons intend to review their investment in the Company on
a continuing basis and reserve the right to acquire additional shares of
Common Stock in the open market or in privately negotiated transactions or
otherwise, to maintain their holdings at current levels or to sell all or a
portion of their holdings in the open market or in privately negotiated
transactions or otherwise, subject, to applicable federal securities law
limitations on sales of restricted securities.  Any such actions will depend
upon, among others, the availability of shares of Common Stock for purchase at
satisfactory price levels; the continuing evaluation of the Company's
business, financial condition, operations and prospects; general market,
economic and other conditions; the relative attractiveness of alternative
business and investment opportunities; the availability of financing; the
actions of the management and other future developments.

     Except as otherwise set forth above in this Item 4, the Reporting Persons
have no present plans or prospects which relate to or would result in any of
the actions described in parts (a) through (j) of Items 4 of Schedule 13D.


Item 5.   Interest in Securities of the Issuer.

      Item 5 is hereby amended as follows:

     (a)  Based on the Company's most recent publicly available filing with
the Securities and Exchange Commission there are 9,141,166 Shares of Common


                                     -17-


<PAGE>   

Stock issued and outstanding. This number does not reflect recent Warrant
exercises and stock option exercises.

     Nederlander beneficially owns (i) individually and as controlling
stockholder of Robert Holdings, RER and QEN, 1,259,710 Shares (of which
646,037 are subject to the Voting Trust dated as of May 29, 1991 by the
Company and the stockholders listed on Schedule A thereto (the Voting Trust)
pursuant to which Mr. Nederlander is Voting Trustee) and (ii) an additional
3,950,521 Shares, as voting trustee under the Voting Trust and pursuant to the
Stockholders' Agreement(5,201,231 Shares in the aggregate), representing 52.3%
of the currently issued and outstanding Shares of Common Stock, adjusted to
include options exercisable by the Reporting Persons within 60 days of
December 14, 1998.

      Cougill beneficially owns 9,836 Shares, representing less than 1% of the
currently issued and outstanding Shares of Common Stock which, as noted above,
are not longer subject to the Stockholders' Agreement; Cougill has sole voting
and dispositive power with respect to such shares.

     Webb beneficially owns 1,147,354 Shares of Common Stock, representing
12.0% of the currently issued and outstanding shares of Common Stock (adjusted
to include options exercisable by the Reporting Person within 60 days of
December 14, 1998), all of which are subject to the Stockholders' Agreement;
Webb has sole dispositive power with respect to such Shares.

      Mauer beneficially owns 433,645 Shares, representing 4.6% of the
currently outstanding issued and outstanding Shares (adjusted to include
options exercisable by the Reporting Person within 60 days of December 14,
1998), all of which are subject to the Stockholders' Agreement; Mauer has sole
dispositive power with respect to such Shares.

      (b)  Nederlander, pursuant to the Voting Trust, has the sole power to
vote all of the Shares (646,037) subject to the Voting Trust owned by
Nederlander, JEMC, Robert Holdings and McConnaughy, subject to certain
conditions set forth in Amendment No. 5 to this Schedule 13D relating to a
default by McConnaughy under a loan.

      Toboroff beneficially owns (i) as controlling stockholder of Lenny
Corp., 932,510 shares of Common Stock, (ii) an additional 114,126 shares as
beneficiary of the Benefit Plan and (iii) 264,449 shares individually
(adjusted to include options exercisable within 60 days of December 14, 1998)
for an aggregate of 1,311,085 shares of Common Stock, constituting 14.2% of
the currently issued and outstanding shares as of December 14, 1998, all of
which are subject to the Stockholders' Agreement; Toboroff has sole
dispositive power with respect to such shares.

      McConnaughy beneficially owns (i) as controlling stockholder of JEMC,
853,993 shares of Common Stock and (ii) 192,444 shares individually (adjusted
to include options exercisable within 60 days of December 14, 1998) for an
aggregate of 1,046,437 shares of Common Stock, constituting 11.3% of the
currently issued and outstanding shares as of December 14, 1998, all of which
are subject to the Stockholders' Agreement; McConnaughy has sole dispositive
power with respect to such shares.  Mr. McConnaughy has pledged 484,530 of
these shares to secure a loan that did not involve the Company.



                                     -18-


<PAGE>   

     Pursuant to the Stockholders' Agreement the Reporting Persons other than
Mr. Cougill have agreed to vote those Shares beneficially owned by them, and
not subject to the Voting Trust, as Nederlander, as the voting trustee under
the Voting Trust, votes the Shares held pursuant to the Voting Trust and (i)
in favor of Webb and a designee of Webb as directors of the Company and (ii)
in favor of the Riddell Sports Inc. 1997 Stock Option Plan (heretofore
approved).  As a result thereof, Nederlander has sole voting power of all of
the Shares of Common Stock currently held by the Reporting Persons other than
Mr. Cougill pursuant to the Stockholders' Agreement (5,210,231 Shares in the
aggregate).

      (c)  None.

      (d)   None.

      (e)   MLC ceased to own securities of the Company
            on April 8, 1998.

Item 6.   Contracts, Arrangements, Understandings or
          Relationships with Respect to Securities of the
          Issuer.

      No Change except that as of December 11, 1998, Cougill is no longer a
      party to the Stockholders' Agreement and he now has sole voting power as
      well as sole dispositive power with respect to all shares of Common
      Stock owned by him.

Item 7.   Material to be Filed as Exhibits.

      24.   Amendment No. 3 dated as of December 11, 1998  to Stockholders'
Agreement dated August 14, 1995 as amended and restated June 26, 1997 and as
amended March 2, 1998.


                         SIGNATURE

             After reasonable inquiry and to the best of
its knowledge and belief, the undersigned certifies that
the information set forth in this Statement is true,
complete and correct.

Dated: December 17, 1998
                          
                            By: /s/ ROBERT E. NEDERLANDER
                                  Robert E. Nederlander
                                  President











                                     -19-


<PAGE>   

                         SIGNATURE

             After reasonable inquiry and to the best of
its knowledge and belief, the undersigned certifies that
the information set forth in this Statement is true,
complete and correct.

Dated: December 17, 1998         ROBERT HOLDINGS, INC.

                              By:  /s/ ROBERT E. NEDERLANDER
                                    Robert E. Nederlander
                                    President




                         SIGNATURE

             After reasonable inquiry and to the best of
its knowledge and belief, the undersigned certifies that
the information set forth in this statement is true,
complete and correct.

DATED: December 17, 1998             R.E.R. CORP.

                              BY:  /s/ ROBERT E. NEDERLANDER
                                    ROBERT E. NEDERLANDER
                                    PRESIDENT



                         SIGNATURE

             After reasonable inquiry and to the best of
its knowledge and belief, the undersigned certifies that
the information set forth in this Statement is true,
complete and correct.

Dated: December 17, 1998             QEN, INC.

                              By:  /s/ ROBERT E. NEDERLANDER
                                    Robert E. Nederlander
                                    President



                         SIGNATURE

             After reasonable inquiry and to the best of
my knowledge and belief, I certify that the information
set forth in this Statement is true, complete and
correct.

Dated: December 17, 1998         /s/ ROBERT E. NEDERLANDER
                                    Robert E. Nederlander


                                     -20-


<PAGE>   


                         SIGNATURE

             After reasonable inquiry and to the best of
its knowledge and belief, the undersigned certifies that
the information set forth in this Statement is true,
complete and correct.

Dated: December 17, 1998            JEMC CORP.

                              By:  /s/ JOHN MCCONNAUGHY, JR.
                                    John McConnaughy, Jr.
                                    President



                         SIGNATURE

             After reasonable inquiry and to the best of
my knowledge and belief, I certify that the information
set forth in this Statement is true, complete and
correct.
Dated: December 17, 1998            /s/ JOHN MCCONNAUGHY, JR.
                                    John McConnaughy, Jr.  




                         SIGNATURE

             After reasonable inquiry and to the best of
its knowledge and belief, the undersigned certifies that
the information set forth in this Statement is true,
complete and correct.

Dated: December 17, 1998      LENNY CORP.

                         By:  /s/ LEONARD TOBOROFF
                              Leonard Toboroff
                              President

















                                     -21-


<PAGE>   

                         SIGNATURE

             After reasonable inquiry and to the best of
its knowledge and belief, the undersigned certifies that
the information set forth in this Statement is true,
complete and correct.

Dated: December 17, 1998             LEONARD TOBOROFF, P.C.
                                    DEFINED BENEFIT PLAN

                              By:  /s/ LEONARD TOBOROFF
                                    Leonard Toboroff
                                    Trustee




                         SIGNATURE

             After reasonable inquiry and to the best of
my knowledge and belief, I certify that the information
set forth in this Statement is true, complete and
correct.

Dated: December 17, 1998            /s/ LEONARD TOBOROFF
                                    Leonard Toboroff


                         SIGNATURE

             After reasonable inquiry and to the best of
my knowledge and belief, I certify that the information
set forth in this Statement is true, complete and
correct.

Dated: December 17, 1998           /s/ DAVID MAUER
                                    David Mauer




                         SIGNATURE

             After reasonable inquiry and to the best of
my knowledge and belief, I certify that the information
set forth in this Statement is true, complete and
correct.

Dated: December 17, 1998          /s/ DAN COUGILL
                                   Dan Cougill







                                     -22-


<PAGE>   

                         SIGNATURE

             After reasonable inquiry and to the best of
my knowledge and belief, I certify that the information
set forth in this Statement is true, complete and
correct.

Dated: December 17, 1998         /s/ JEFFREY G. WEBB
                                  Jeffrey G. Webb


                        Schedule A

DIRECTORS AND EXECUTIVE OFFICERS OF ROBERT HOLDINGS, INC.

Name and                      Position/Present Principal
Business Address              Occupation or Employment  
- ----------------              --------------------------
Robert E. Nederlander         President,
c/o Robert Nederlander        Chief Executive Officer and
810 Seventh Avenue            Chief Financial Officer
New York, NY  10019
                              Principal Occupation -- 
                              President of Nederlander
                              Organization, Inc., which
                              is engaged in the
                              theatrical business.

                              Mr. Nederlander is a United
                              States citizen.





                        Schedule B

     DIRECTORS AND EXECUTIVE OFFICERS OF LENNY CORP.

Name and                      Position/Present Principal
Business Address              Occupation or Employment  
- ----------------              --------------------------
Leonard Toboroff              President and Chief
c/o The Corporation Trust     Executive Officer.
     Company
1209 Orange Street            Principal Occupation -
Wilmington, Delaware 19801    investing.

                              Mr. Toboroff is a United
                              States citizen.







                                     -23-


<PAGE>   

                        Schedule C

  TRUSTEE OF LEONARD TOBOROFF, P.C. DEFINED BENEFIT PLAN

Name and                      Position/Present Principal
Business Address              Occupation or Employment  
- ----------------              --------------------------
Leonard Toboroff              Trustee
1125 Fifth Avenue 
New York, New York  10029     Principal Occupation -- 
                              investing.

                              Mr. Toboroff is a United
                              States citizen.





                        Schedule D

    DIRECTORS AND EXECUTIVE OFFICERS OF R.E.R CORP.

Name and                      Position/Present Principal
Business Address              Occupation or Employment  
- ----------------              --------------------------
Robert E. Nederlander         President,
c/o Robert Nederlander        Chief Executive Officer and
810 Seventh Avenue            Chief Financial Officer
New York, NY  10019
                              Principal Occupation -- 
                              President of Nederlander
                              Organization, Inc., which
                              is engaged in the
                              theatrical business.

                              Mr. Nederlander is a United
                              States citizen.



















                                     -24-


<PAGE>   

                        Schedule E

      DIRECTORS AND EXECUTIVE OFFICERS OF JEMC CORP.

Name and                      Position/Present Principal
Business Address              Occupation or Employment  
- ----------------              --------------------------
John McConnaughy, Jr.         President and Chief
1001 High Ridge Road          Executive Officer.
Stamford, CT  06905
                              Principal Occupation -
                              investing.

                              Mr. McConnaughy is a United
                              States citizen.





                        Schedule F

      DIRECTORS AND EXECUTIVE OFFICERS OF QEN, INC.

Name and                      Position/Present Principal
Business Address              Occupation or Employment  
- ----------------              --------------------------
Robert E. Nederlander         President;
c/o Robert Nederlander        Chief Executive Officer and
810 Seventh Avenue            Chief Financial Officer.
New York, NY  10019
                              Principal Occupation --
                              President of Nederlander 
                              Organization, Inc., which 
                              is engaged in the
                              theatrical business.

                              Mr. Nederlander is a United
                              States citizen.


















                                     -25-

<PAGE>   

                                                                  EXHIBIT 24

                                AMENDMENT NO. 2
                          TO STOCKHOLDERS' AGREEMENT

      This Amendment No. 2 dated as of December 11, 1998 to Stockholders'
Agreement dated as of August 14, 1998 amended and restated as of June 26, 1997
and amended as of March 2, 1998, by and among Robert Nederlander, as voting
trustee (the "Voting Trustee") under the Voting Trust Agreement dated as of
May 29, 1991, by and among Riddell Sports Inc., a Delaware corporation (the
"Company"), and all of the stockholders of the Company listed on Schedule A
thereto (the "Voting Trust Agreement"), Lenny Corp., a Delaware corporation,
Leonard Toboroff P.C. Defined Pension Benefit Plan ("Benefit Plan"), Robert
Nederlander ("Nederlander"), Leonard Toboroff ("Toboroff"), David Mauer
("Mauer"), R.E.R. Corporation, a Michigan corporation ("R.E.R."), Robert
Holdings, Inc., a Delaware corporation ("RHI"), JEMC Corp., a Delaware
corporation ("JEMC"), John McConnaughy, Jr., Dan Cougill ("Cougill") and
Jeffrey G.Webb (the "Executive") (RHI, Lenny Corp., Benefit Plan, Toboroff,
Nederlander, McConnaughy, Mauer, Cougill, R.E.R, JEMC and the Executive are
referred to as the "Stockholders").

      WHEREAS, Cougill, as a party to the Stockholders' Agreement, is bound by
its voting and other restrictions.

      WHEREAS, Mr. Cougill has resigned from his positions with the Company
effective December 11, 1998.

      WHEREAS, the parties have determined that it is no longer appropriate to
impose voting and other restrictions on the shares of Common Stock of Riddell
Sports Inc. owned by Cougill, and the parties agree that Cougill should no
longer be a party to the Stockholders' Agreement.

      NOW THEREFORE, in consideration of the foregoing and mutual agreement
hereinafter contained, the parties hereto agree as follows:

1.    Cougill is no longer a party to the Stockholders' Agreement.
      
2.    Section A.  Definition of "Stockholders."  The definition of the term
      "Stockholders in the Stockholders' Agreement, as set forth in the first
      paragraph thereof, is hereby amended to delete Cougill as one of the
      Stockholders, and is restated in its entirety as follows:
      
      "STOCKHOLDERS' AGREEMENT dated as of August 14, 1998 as amended and
      restated on June 26, 1997 and March 2, 1998, by and among Robert
      Nederlander, as voting trustee (the "Voting Trustee") under the Voting
      Trust Agreement dated as of May 29, 1991, by and among Riddell Sports
      Inc., a Delaware corporation (the "Company"), and all of the
      stockholders of the Company listed on Schedule A thereto (the "Voting
      Trust Agreement"), Robert Nederlander, Lenny Corp., a Delaware
      corporation, Leonard Toboroff P.C. Defined Pension Benefit Plan
      ("Benefit Plan"), Leonard Toboroff ("Toboroff"), David Mauer ("Mauer"),
      Robert Holdings, Inc., a Delaware corporation ("RHI") R.E.R.
      Corporation, a Michigan corporation ("R.E.R"), JEMC Corp., a Delaware
      corporation ("JEMC"), John McConnaughy, Jr., and Jeffrey G.Webb (the
      "Executive") (RHI, Lenny Corp., Benefit Plan, Toboroff, Nederlander,


                                      -1-


<PAGE>   

      McConnaughy, Mauer, and R.E.R., JEMC and the Executive are referred to
      as the "Stockholders").

3.    Except as amended hereby, Stockholders' Agreement remains in full force
      and effect. 

4.    This Amendment may be executed in counterparts, each of which shall be
      deemed an original, but all of the together shall constitute one and the
      same instrument.

5.    IN WITNESS WHEREOF, this Amendment has been fully executed and delivered
      as of the date first written above.
                  
                                     /s/ ROBERT NEDERLANDER
                                    Robert Nederlander, as Voting Trustee


                                    ROBERT HOLDINGS, INC.
                              
                                    BY: /s/ ROBERT NEDERLANDER
                                    Name  Robert Nederlander
                                    Title President


                                    R.E.R. CORP.
                              
                                    BY: /s/ ROBERT NEDERLANDER
                                    Name  Robert Nederlander
                                    Title President


                                    LENNY CORP.
                              
                                    BY: /s/ LEONARD TOBOROFF
                                    Name  Leonard Toboroff
                                    Title President
      

                                    LEONARD TOBOROFF, P.C.,  DEFINED PENSION
                                    BENEFIT PLAN

                                    BY: /s/ LEONARD TOBOROFF
                                    Name  Leonard Toboroff
                                    Title President
                                    

                                    JEMC CORP.
                              
                                    BY: /s/ JOHN MCCONNAUGHY, JR.
                                    Name  John McConnaughy, Jr.
                                    Title President

                              
                                    /s/ DAVID MAUER
                                    David Mauer, in his individual capacity

                                    /s/ DAN COUGILL
                                    Dan Cougill, in his individual capacity

                                    /s/ JEFFREY G. WEBB
                                    Jeffrey G. Webb, in his individual
                                    capacity
                                          
                                    /s/ ROBERT NEDERLANDER
                                    Robert Nederlander, in his individual
                                    capacity

                                    /s/ LEONARD TOBOROFF
                                    Leonard Toboroff, in his individual
                                    capacity

                                    /s/ JOHN MCCONNAUGHY, JR.
                                    John McConnaughy, Jr., in his individual
                                    capacity


                                      -2-


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