---------------------------                                                              ----------------------------
          FORM 4                  UNITED STATES SECURITIES AND EXCHANGE COMMISSION              OMB APPROVAL
---------------------------                   Washington, D.C. 20549                     ----------------------------
[_]  Check this box                                                                      OMB Number:        3235-0287
     if no longer subject           STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP         Expires:   December 31, 2001
     to Section 16. Form 4                                                               Estimated average burden
     or Form 5 obligations   filed pursuant to Section 16(a) of the Securities Exchange  hours per response.......0.5
     may continue. See        Act of 1934, Section 17(a) of the Public Utility Holding   ----------------------------
     Instruction 1(b).              Company Act of 1935 or Section 30(f) of the
(Print or Type Responses)                 Investment Company Act of 1940


________________________________________________________________________________
1.   Name and Address of Reporting Person*

Millennium Entertainment Partners L.P.
--------------------------------------------------------------------------------
   (Last)                           (First)             (Middle)

1995 Broadway
--------------------------------------------------------------------------------
                                    (Street)

New York                              NY                 10023
--------------------------------------------------------------------------------
   (City)                           (State)              (Zip)


________________________________________________________________________________
2.   Issuer Name and Ticker or Trading Symbol


The Sports Club Company, Inc. (SCY)
________________________________________________________________________________
3.   IRS Identification Number of Reporting Person, if an entity (voluntary)



________________________________________________________________________________
4.   Statement for Month/Year


August 1997
________________________________________________________________________________
5.   If Amendment, Date of Original (Month/Year)

August 1997
________________________________________________________________________________
6.   Relationship of Reporting Person(s) to Issuer
     (Check all applicable)

          Director                              X*  10% Owner
     ---                                       ---
          Officer (give title below)                Other (specify below)
     ---                                       ---

                            * As a member of a group.
________________________________________________________________________________
7.   Individual or Joint/Group Filing (Check applicable line)

          Form Filed by One Reporting Person
     ---

      X   Form Filed by More Than One Reporting Person
     ---
________________________________________________________________________________




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  Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
------------------------------------------------------------------------------------------------------------------------------------
1.                                    2.        3.          4.                                    5.            6.        7.
Title of Security                     Trans-    Trans-      Securities Acquired (A)               Amount of     Owner-    Nature of
(Instr. 3)                            action    action      or Disposed of (D)                    Securities    ship      Indirect
                                      Date      Code        (Instr. 3, 4 and 5)                   Beneficially  Form:     Beneficial
                                                Instr. 8)                                         Owned at End  Direct    Owner-
                                      (Month/               ___________________________________   of Month      (D) or    ship
                                      Day/                                                                      Indirect  (Instr. 4)
                                      Year)                                 (A)or                 (Instr. 3     (I)
                                                Code  V          Amount     (D)        Price      and 4)        (Instr.4)
____________________________________________________________________________________________________________________________________
                                                                                               
Common Stock (1)                      8/19/97   P           23,400          A      $5.75                        I         (1)
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Common Stock (1)                      8/19/97   P           8,500           A      $5.801                       I         (1)
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Common Stock (1)                      8/19/97   P           7,100           A      $5.875                       I         (1)
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Common Stock (1)                      8/19/97   P           5,000           A      $6.00                        I         (1)
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See Appendix A attached hereto for remaining purchases
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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).


  Potential persons who are to respond to the collection
  of information contained in this form are not required                  (Over)
  to respond unless the form displays a currently valid          SEC 1474 (3-99)
  OMB control number.







------------------------------------------------------------------------------------------------------------------------------------
FORM 4 (continued)            Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
                                      (e.g., puts, calls, warrants, options, convertible securities)
------------------------------------------------------------------------------------------------------------------------------------
1.                  2.       3.       4.       5.            6.            7.                     8.       9.        10.     11.
Title of            Conver-  Trans-   Trans-   Number of     Date Exer-    Title and Amount       Price    Number    Owner-  Nature
Derivative          sion     action   action   Derivative    cisable and   of Underlying          of       of        ship    of
Security            or       Date     Code     Securities    Expiration    Securities             Deriv-   Deriv-    of      In-
(Instr. 3)          Exer-             (Instr.  Acquired (A)  Date          (Instr. 3 and 4)       ative    ative     Deriv-  direct
                    cise     (Month/  8)       or Disposed   (Month/Day/                          Secur-   Secur-    ative   Bene-
                    Price    Day/              of(D)         Year)                                ity      ities     Secur-  ficial
                    of       Year)             (Instr. 3,                                         (Instr.  Bene-     ity:    Owner-
                    Deriv-                     4 and 5)                                           5)       ficially  Direct  ship
                    ative                                    ___________________________________           Owned     (D) or  (Instr.
                    Secur-                                                                                 at End    In-     4)
                    ity                                      Date     Expi-               Amount           of        direct
                                                             Exer-    ra-                 or               Month     (I)
                                      _____________________  cis-     tion    Title       Number           (Instr.   (Instr.
                                                             able     Date                of               4)        4)
                                      Code V     (A)  (D)                                 Shares
____________________________________________________________________________________________________________________________________
                                                                                   


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                   MILLENNIUM ENTERTAINMENT PARTNERS L.P.
                   By: Millennium Entertainment Associates L.P.
                        By: Millennium Entertainment Corp.
                            By: /s/Brian J. Collins                   1/22/2001
                                --------------------------            ---------
                                Name:  Brian J. Collins, Vice President    Date
                                       **Signature of Reporting Person

                   JOINT FILERS:   Address of each Joint Filer:  1995 Broadway,
                                                                  NY, NY 10023
                   MILLENNIUM PARTNERS LLC
                   By: Millennium Partners Management LLC
                       By: Millennium Manager I, Inc.

                   MILLENNIUM DEVELOPMENT PARTNERS L.P.
                   By: Millennium Development Associates L.P.
                       By: Millennium Development Corp.

                   /s/Brian J. Collins*
                   -----------------------------------
                   BRIAN J. COLLINS,
                   *In his individual capacity and in his capacity as an
                   authorized officer of each of the Joint Filers listed
                   above.





Explanation of Responses:

See Appendix A for footnote containing explanations of responses.

**   Intentional misstatements or omissions of facts constitute Federal Criminal
     Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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.               Page 2 of 5




                                   APPENDIX A

DESIGNATED FILER:                         MILLENNIUM ENTERTAINMENT PARTNERS L.P.
ISSUER NAME AND TICKER OR TRADING SYMBOL: The Sports Club Company, Inc. (SCY)
STATEMENT FOR MONTH/YEAR:                 August 1997




1.                                    2.        3.          4.                                    5.            6.        7.
Title of Security                     Trans-    Trans-      Securities Acquired (A)               Amount of     Owner-    Nature of
(Instr. 3)                            action    action      or Disposed of (D)                    Securities    ship      Indirect
                                      Date      Code        (Instr. 3, 4 and 5)                   Beneficially  Form:     Beneficial
                                                Instr. 8)                                         Owned at End  Direct    Owner-
                                      (Month/               ___________________________________   of Month      (D) or    ship
                                      Day/                                                                      Indirect  (Instr. 4)
                                      Year)                                 (A)or                 (Instr. 3     (I)
                                                Code  V          Amount     (D)        Price      and 4)        (Instr.4)
____________________________________________________________________________________________________________________________________
                                                                                               
Common Stock (1)                      8/26/97   P             7,600         A         $6.00                     D         (1)
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Common Stock (1)                      8/27/97   P             15,000        A         $6.00       603,300       D         (1)
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(1)  These securities are owned solely by Millennium Development Partners, L.P.
     which may be deemed a group for the purposes of Section 13(d) of the
     Securities Exchange Act of 1933, as amended (the "Exchange Act"), with one
     or more of the following entities and person: Millennium Partners LLC,
     Millennium Entertainment Partners L.P. and Brian J. Collins. Millennium
     Development Partners L.P. 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 Millennium Development
     Partners L.P. is the beneficial owner of such securities for the purposes
     of Section 16 of the Exchange Act or for any other purpose. This amendment
     is being filed to reflect the indirect beneficial interests of certain
     entities and persons that were inadvertently omitted from the prior filing
     of this Form 4 and to conform the designated Reporting Person to the other
     filings by these same entities.

                                                                     Page 3 of 5





            CONTINUATION SHEET RELATING TO FORM 4 AMENDMENT FILED BY
           MILLENNIUM ENTERTAINMENT PARTNERS L.P. DATED JANUARY 22, 2001
                             JOINT FILER INFORMATION


DESIGNATED FILER:               MILLENNIUM ENTERTAINMENT PARTNERS L.P.
ISSUER NAME AND TICKER OR
   TRADING SYMBOL:              The Sports Club Company, Inc. (SCY)
STATEMENT FOR MONTH/YEAR:       August 1997

JOINT FILERS:



                                                 
1.  Millennium Partners Management LLC              5.  Millennium Development Associates L.P.
    1995 Broadway                                       1995 Broadway
    New York, NY 10023                                  New York, NY 10023

2.  Millennium Manager I, Inc.                      6.  Millennium Development Corp.
    1995 Broadway                                       1995 Broadway
    New York, NY 10023                                  New York, NY 10023

3.  Millennium Entertainment Associates L.P.        7.  Christopher M. Jeffries
    1995 Broadway                                       1995 Broadway
    New York, NY 10023                                  New York, NY 10023

4.  Millennium Entertainment Corp.
    1995 Broadway
    New York, NY 10023


    The Reporting Persons listed above are filing this Form 4 Amendment jointly
with Millennium Partners LLC ("DevCo"), Millennium Entertainment Partners L.P.
("MEP LP"), Millennium Development Partners L.P. ("MDP LP") and Brian J. Collins
("BJC")

    The following entities and person may be deemed to have an indirect
beneficial interest in the securities of the Issuer held of record directly by
MDP LP in their capacities (i) in the case of DevCo, MEP LP and BJC, because
they may be deemed a group with MDP LP, (ii) in the case of Millennium Partners
Management LLC ("MPM LLC"), as the manager of DevCo, (iii) in the case of
Millennium Manager I, Inc. ("MMI Inc."), as the manager of MPM LLC, (iv) in the
case of Millennium Entertainment Associates L.P. ("MEA LP"), as the general
partner of MEP LP, (v) in the case of Millennium Entertainment Corp. ("MEC"), as
the general partner of MEA LP, (vi) in the case of Millennium Development
Associates L.P. ("MDA LP"), as the general partner of MDP LP, (vii) in the case
of Millennium Development Corp. ("MDC"), as the general partner of MDA LP, and
(viii) in the case of Christopher M. Jeffries, as the holder of (a) 70% of the
outstanding shares of stock of MMI Inc., (b) 66.5% of the outstanding shares of
stock of MEC and (c) 70% of the outstanding shares of stock of MDC.

    Each of the Reporting Persons disclaims a beneficial interest in the
securities of the Issuer reported herein except to the extent of their
respective pecuniary interest therein.


                                                                     Page 4 of 5





DESIGNATED FILER:               MILLENNIUM ENTERTAINMENT PARTNERS L.P.
ISSUER NAME AND TICKER OR
   TRADING SYMBOL:              The Sports Club Company, Inc. (SCY)
STATEMENT FOR MONTH/YEAR:       August 1997



                           /s/ Brian J. Collins*
                           ---------------------------------
                           BRIAN J. COLLINS
                           * In his individual capacity and in his capacity
                           as an authorized officer of each of the following
                           Reporting Persons and in his capacity as an
                           attorney-in-fact with respect to Christopher M.
                           Jeffries.

                           MILLENNIUM PARTNERS LLC
                           By: Millennium Partners Management LLC
                               By:  Millennium Manager I, Inc.

                           MILLENNIUM PARTNERS MANAGEMENT LLC
                           By: Millennium Manager I, Inc.

                           MILLENNIUM MANAGER I, INC.

                           MILLENNIUM ENTERTAINMENT PARTNERS L.P.
                           By: Millennium Entertainment Associates L.P.
                               By:  Millennium Entertainment Corp.

                           MILLENNIUM ENTERTAINMENT ASSOCIATES L.P.
                           By: Millennium Entertainment Corp.

                           MILLENNIUM ENTERTAINMENT CORP.

                           MILLENNIUM DEVELOPMENT PARTNERS L.P.
                           By: Millennium Development Associates L.P.
                               By: Millennium Development Corp.

                           MILLENNIUM DEVELOPMENT ASSOCIATES L.P.
                           By: Millennium Development Corp.

                           MILLENNIUM DEVELOPMENT CORP.

                           CHRISTOPHER M. JEFFRIES


                                                                     Page 5 of 5