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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
Washington, D.C. 20549 -------------------------------
/ / CHECK THIS BOX STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB NUMBER 3235-0287
IF NO LONGER Expires: September 30, 1998
SUBJECT TO Estimated average burden hours
SECTION 16. Filed pursuant to Section 16(a) of the Securities Exchange Act per response 0.5
FORM 4 OR of 1934, Section 17(a) of the Public Utility Holding Company
FORM 5 Act of 1935 or Section 30(f) of the Investment Company Act
OBLIGATIONS of 1940
MAY
CONTINUE. SEE
INSTRUCTION 1(B).
(PRINT OR TYPE
RESPONSES)
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1.Name and Address of Reporting 2. Issuer Name and Ticker or 6. Relationship of Reporting
Person* Trading Symbol Person(s) to Issuer
MILLENNIUM ENTERTAINMENT THE SPORTS CLUB COMPANY, INC. (Check all applicable)
PARTNERS, L.P. (SCY)
______ Director __X__ 10% Owner
______ Officer _____ Other
(give title below) (specify below)
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(Last) (First) (Middle) 3. IRS or Social Security 4.Statement for Month/Year
Number of Reporting
Person (Voluntary) JULY 1997
c/o Millennium Partners Management LLC
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(Street) 5. If Amendment, Date of Original 7.Individual or Joint/Group Filing
(Month/Year) (Check Applicable Line)
1995 Broadway ____ Form filed by One Reporting
Person
_X__ Form filed by More than One
Reporting Person
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(City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
New York NY 10023
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1. Title of Security 2. Transaction 3.(Transaction 4.Securities Acquired 5. Amount of 6.Ownership 7.Nature of
(Instr.3) Date (Month/ Code (Instr.8) (A) or Disposed Securities Form: Indirect
Day/Year) of (D) (Instr. 3,4 Beneficially Direct Beneficial
and 5) Owned at (D) or Ownership
End of Indirect (Instr. 4)
(A) or Month (I) (Instr.4)
Code V Amount (D) Price (Instr. 3
and 4)
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Common Stock (1) 7/3/97 P 800 A 5.203
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Common Stock (1) 7/7/97 P 500 A 5.375
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Common Stock (1) 7/8/97 P 1000 A 5.375 1,201,232
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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 4(b)(v).
FORM 4 (continued) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR
BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of 2. Con- 3.Trans- 4.Trans- 5.Number 6.Date 7.Title 8.Price 9.Number 10 Owner- 11. Nature
Derivative version action action of Exer- and of of ship of
Security or Date Code Deriv- cisable Amount Deriv- Deriv- Form of Indirect
(Instr.3) Exercise (Month/ (Instr.8) ative and of ative ative Deriv- Bene-
Price of Day/ Secur- Expira- Under- Security Secur- ative ficial
Deriv- Year) ities tion lying (Instr.5) ities Secur- Owner-
ative Acquired Date Secur- Bene- ity ship
Security (A) or (Month/ ities ficially Direct: (Instr.4)
Disposed Day/ (Instr.3 Owned (D) or
of (D) Year) and 4) at End Indirect
(Instr.3, of (I)
4 and 5) Month (Instr.4)
(Instr.4)
Code V (A) (D) Date Expir- Title Amount
Exer- ation or
cisable Date Number
of
Shares
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Explanation of Responses:
(1) The Shares were purchased by Millennium Partners LLC ("MPL"). Millennium Entertainment Partners, L.P. ("MEP"), which owns a
49.5% membership interest in MPL and 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, may be deemed to be a "group" with MPL for purposes of
Section 13(d) of the Securities Exchange Act of 1934, as amended. MEP disclaims beneficial ownership of these securities except
to the extent of its pecuniary interest therein, 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.
MILLENNIUM ENTERTAINMENT PARTNERS, L.P.
** Intentional misstatements or omissions of
facts constitute Federal Criminal Violations. By: MILLENNIUM ENTERTAINMENT ASSOCIATES, L.P.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). its general partner
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure. By: MILLENNIUM ENTERTAINMENT CORP.,
its general partner
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 By: /s/ Brian J. Collins August 11, 1997
currently valid OMB Number. ** Signature of Reporting Date
Person
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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
