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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
OMB APPROVAL
OMB NUMBER: 3235-0104
FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Expires: September 30, 1998
Estimated average burden hours per
response.............0.5
(Print or Type Filed pursuant to Section 16(a) of the Securities Exchange Act
Response) of 1934, Section 17(a) of the Public Utility Holding Company
Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting 2. Date of Event Re- 4. Issuer Name AND Ticker or Trading Symbol
Person* quiring Statement
MILLENNIUM ENTERTAINMENT (Month/Day/Year) The Sports Club Company, Inc. (SCY)
PARTNERS, L.P.
5. Relationship of Reporting Person(s) to Issuer 6. If Amendment, Date of
(Last) (First) (Middle) 7/22/97 (Check all applicable) Original (Month/Day/
Year)
August 11, 1997
c/o Millennium Partners Management LLC 3. IRS or Social ______ Director __X__10% Owner 7. Individual or Joint/
Security Number ______ Officer (give______ Other Group Filing (Check
of Reporting title below) (specify below) Applicable Line)
(Street) Person ___ Form filed by One
(Voluntary) Reporting Person
__X_Form Filed by More
1995 Broadway than One Reporting
Person
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(City) (State) (Zip)
TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
New York NY 10023
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1. Title of Security 2. Amount of Securities Beneficially 3.Ownership 4. Nature of Indirect Beneficial
(Instr. 4) Owned (Instr. 4) Form: Direct (D) Ownership (Instr. 5)
or Indirect (I)
(Instr. 5)
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Common Stock (1) 1,052,631 D
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Common Stock (2) 1,201,232 D
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Common Stock (3) 536,700 D
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Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
5(b)(v).
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FORM 3 (CONTINUED)TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE
SECURITIES)
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1. Title of 2. Date Exer- 3. Title and Amount of Securities 4. Conver- 5.Ownership 6. Nature of Indirect
Derivative cisable and Underlying Derivative sion or Form of Beneficial Ownership
Security Expiration Security (Instr. 4) Exercise Deriv- (Instr. 5)
(Instr. 4) Date Price of ative
(Month/Day/ Deri- Security:
Year) vative Direct (D)
Security or Indirect
(I)(Instr. 5)
Date Expira- Title Amount or
Exer- tion Number of
cisable Date Shares
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Explanation of Responses:
(1) These securities are owned solely by Millennium Entertainment
Partners, L.P. ("MEP"), which may be deemed a "group" with Millennium
Partners LLC ("MPL"), Brian J. Collins ("BJC"), an executive officer of
the general partner of MEP and of the manager of MPL and a director of
The Sports Club Company, Inc., and Millennium Development Partners L.P.
("MDP") for purposes of Section 13(d) of the Securities Exchange Act of
1934, as amended ("Exchange Act"). In addition, MEP owns a 49.5%
membership interest in MPL and MEP has the right to appoint two
committee members of a committee of five which requires the affirmative
vote of four members to vote or dispose of the securities. MEP disclaims
beneficial ownership of these securities except to the extent of its
pecuniary interest therewith, and this report shall not be deemed an
admission that MEP is the beneficial owner of such securities for purposes
of Section 16 or for any other purpose.
(2) These securities are owned solely by MPL which may be deemed a "group"
with MEP, BJC and MDP under Section 13(d) of the Exchange
Act. Includes 2,300 shares that will be disclosed on Form 4 of MPL
for July 1997.
(3) These securities are owned by MDP which may be deemed a "group" with MEP,
BJC and MDP. The general partner of MDP is Millennium Development
Associates L.P. The general partner of Millennium Development
Associates is Millennium Development Corp. Christopher M. Jeffries
owns greater than 50% of the capital stock of Millennium Development
Corp.
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. MILLENNIUM ENTERTAINMENT PARTNERS, L.P.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
By: MILLENNIUM ENTERTAINMENT ASSOCIATES L.P.,
its general partner
By: MILLENNIUM ENTERTAINMENT CORP.,
its general partner
By: /S/ BRIAN J. COLLINS AUGUST 11, 1997
*Signature of Reporting Person Date
Vice President of Millennium
Entertainment Corp.
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient,
See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
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JOINT FILER INFORMATION
Name: Millennium Partners LLC
Address: c/o Millennium Partners Management LLC
1995 Broadway
New York, New York 10023
Designated Filer: Millennium Entertainment Partners, L.P.
Issuer & Ticker Symbol: The Sports Club Company, Inc. (SCY)
MILLENNIUM PARTNERS LLC
BY: MILLENNIUM PARTNERS MANAGEMENT, LLC,
its manager
BY: MILLENNIUM MANAGER I, INC.,
its manager
By: /s/ Brian J. Collins
Title: Vice President
JOINT FILER INFORMATION
Name: Brian J. Collins
Address: c/o Millennium Partners Management LLC
1995 Broadway
New York, New York 10023
Designated Filer Millennium Entertainment Partners, L.P.
Issuer & Ticker Symbol: The Sports Club Company, Inc. (SCY)
Relationship of Report Director, 10% Owner
Person to Issuer:
/s/ Brian J. Collins
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Brian J. Collins
