SEC FORM 4

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

JEFFRIES CHRISTOPHER M

(Last)

(First)

(Middle)

1995 BROADWAY

(Street)

NEW YORK,

10023

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SPORTS CLUB CO INC [ SCY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
04/16/2004

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $.01	04/16/2004		P		29,000	A	$7.76	9,186,469	I⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁶⁾⁽⁷⁾	See footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁶⁾⁽⁷⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Christopher M. Jeffries has direct ownership over the 29,000 shares of common stock, par value $.01 ("Common Stock"), of The Sports Club Company, Inc. (the "Issuer") purchased on April 16, 2004. The amount of securities reported as beneficially owned following the reported transactions represents the shares described in notes 2 through 6.

2. Direct ownership by MDP Ventures II LLC ("Ventures II") of 5,227,606 shares of Common Stock. Millennium Development Partners II LLC ("MDP II") has an indirect beneficial interest in these securities in its capacity as managing member of Ventures II. Christopher M. Jeffries has an indirect beneficial interest in these securities in his capacity as majority and controlling member of MDP II.

3. Direct ownership by Millennium Partners LLC ("Partners LLC") of 2,253,863 shares of Common Stock. Millennium Partners Management LLC ("Management LLC") has an indirect beneficial ownership interest in these securities in its capacity as the manager of Partners LLC. Millennium Manager I LLC ("Manager LLC") has an indirect beneficial ownership interest in these securities in its capacity as the manager of Management LLC. Mr. Jeffries has an indirect beneficial interest in these securities as a holder of a majority of the limited liability company interest of Manager LLC.

4. Direct ownership by Millennium Entertainment Partners L.P. ("Entertainment Partners") of 625,000 shares of Common Stock. Millennium Entertainment Associates L.P. ("Entertainment Associates") has an indirect beneficial ownership interest in these securities in its capacity as the general partner of Entertainment Partners. Millennium Entertainment Corp. ("Entertainment Corp.") has an indirect beneficial ownership interest in these securities in its capacity as the general partner of Entertainment Associates. Mr. Jeffries has an indirect beneficial interest in these securities as the majority and controlling stockholder of Entertainment Corp.

5. Direct ownership by MDP Ventures I LLC ("MDP Ventures") of 72,100 shares of Common Stock. Millennium Development Partners L.P. ("MDP") has an indirect beneficial interest in these securities in its capacity as managing member of MDP Ventures. Millennium Development Associates LP ("MDP Associates") has an indirect beneficial interest in these securities in its capacity as the general partner of MDP. Millennium Development Corp. ("MD Corp") has an indirect beneficial interest in these securities in its capacity as the general partner of MDP Associates. Mr. Jeffries has an indirect beneficial interest in these securities as the majority and controlling stockholder of MD Corp.

6. Direct ownership by MDP of 978,900 shares of Common Stock. MDP Associates has an indirect beneficial interest in these securities in its capacity as the general partner of MDP. MD Corp has an indirect beneficial interest in these securities in its capacity as the general partner of MDP Associates. Mr. Jeffries has an indirect beneficial interest in these securities as the majority and controlling stockholder of MD Corp.

7. The reporting person disclaims beneficial ownership in the securities of the Issuer except to the extent of his pecuniary interest, if any, therein.

Remarks:

	Philip H. Lovett, as attorney-in-fact for Chistopher M. Jeffries	05/20/2004
	** Signature of Reporting Person	Date
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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