-------- ---------------------------- FORM 3 U.S. SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 ---------------------------- OMB Number: 3235-0104 -------- INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Expires: December 31, 2001 Estimated average burden Filed pursuant to Section 16(a) of the Securities Exchange hours per response.......0.5 Act 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 (Print or Type Responses) ________________________________________________________________________________ 1. Name and Address of Reporting Person* MDP Ventures I LLC -------------------------------------------------------------------------------- (Last) (First) (Middle) 1995 Broadway -------------------------------------------------------------------------------- (Street) New York NY 10023 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Date of Event Requiring Statement (Month/Day/Year) December 10,1997 ________________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an entity (voluntary) ________________________________________________________________________________ 4. Issuer Name and Ticker or Trading Symbol The Sports Club Company, Inc. (SCY) ________________________________________________________________________________ 5. Relationship of Reporting Person to Issuer (Check all applicable) Director X* 10% Owner --- --- Officer (give title below) Other (specify below) --- --- * As a member of a group. ________________________________________________________________________________ 6. If Amendment, Date of Original (Month/Day/Year) ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check Applicable Line) Form Filed by One Reporting Person --- X Form Filed by More Than One Reporting Person --- ________________________________________________________________________________ ------------------------------------------------------------------------------------------------------------------------------------ Table I -- Non-Derivative Securities Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect Beneficial Ownership (Instr. 4) Beneficially Owned Direct (D) or (Instr. 5) (Instr. 4) Indirect (I) (Instr. 5) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock (1) 13,200 Direct ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ 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). (Over) SEC 1473 (3-00) Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. FORM 3 (continued) Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative 2. Date Exercisable 3. Title and Amount of Securities 4. Conver- 5. Owner- 6. Nature of Security (Instr. 4) and Expiration Date Underlying Derivative Security sion or ship Indirect (Month/Day/Year) (Instr. 4) Exercise Form of Beneficial ---------------------- --------------------------------- Price of Derivative Ownership Date Expira- Amount Derivative Security: (Instr. 5) Exer- tion or Security Direct cisable Date Title Number (D) or of Indirect Shares (I) (Instr. 5) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ MDP VENTURES I LLC By: /s/Brian J. Collins 1/22/2001 ------------------------------------- --------- Name: Brian J. Collins, Vice President Date **Signature of Reporting Person JOINT FILERS: Address of Joint Filers: 1995 Broadway, NY, NY 10023 MILLENNIUM PARTNERS LLC By: Millennium Partners Management LLC By: Millennium Manager I, Inc. MILLENNIUM ENTERTAINMENT PARTNERS L.P. By: Millennium Entertainment Associates L.P. By: Millennium Entertainment Corp. 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 all of the Joint Filers listed above. Explanation of Responses: (1) These securities are owned solely by MDP Ventures I LLC 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., Millennium Development Partners L.P. and Brian J. Collins. MDP Ventures I LLC 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 MDP Ventures I LLC is the beneficial owner of such securities for the purposes of Section 16 of the Exchange Act or for any purpose. ** 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 4 CONTINUATION SHEET RELATING TO FORM 3 FILED BY MDP VENTURES I LLC DATED JANUARY 22, 2001 JOINT FILER INFORMATION DESIGNATED FILER: MDP VENTURES I LLC ISSUER NAME AND TICKER OR TRADING SYMBOL: The Sports Club Company, Inc. (SCY) DATE OF EVENT REQUIRING STATEMENT: December 10, 1997 JOINT FILERS: 1. Millennium Partners Management LLC 5. Millennium Development 1995 Broadway Associates L.P. New York, NY 10023 1995 Broadway 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 3 jointly with Millennium Partners LLC ("DevCo"), Millennium Entertainment Partners L.P. ("MEP LP"), Millennium Development Partners L.P. ("MDP LP"), MDP Ventures I LLC ("MDP I") 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 I in their capacities (i) in the case of DevCo and BJC, because they may be deemed a group with MDP I, (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 MEP LP because it may be deemed a group with MDP I, (v) in the case of Millennium Entertainment Associates L.P. ("MEA LP"), as the general partner of MEP LP, (vi) in the case of Millennium Entertainment Corp. ("MEC"), as the general partner of MEA LP, (vii) in the case of MDP LP, because it may be deemed a group with MDP I and as the managing member of MDP I, (viii) in the case of Millennium Development Associates L.P. ("MDA LP"), as the general partner of MDP LP, (ix) in the case of Millennium Development Corp. ("MDC"), as the general partner of MDA LP, and (x) in the case of Christopher M. Jeffries ("CMJ"), 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, (c) 70% of the outstanding shares of stock of MDC and (d) 59% of interest of MDP II LLC. 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 3 of 4 DESIGNATED FILER: MDP VENTURES I LLC ISSUER NAME AND TICKER OR TRADING SYMBOL: The Sports Club Company, Inc. (SCY) DATE OF EVENT REQUIRING STATEMENT: December 10, 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. MDP VENTURES I LLC CHRISTOPHER M. JEFFRIES Page 4 of 4