Former University of Tennessee football coach and current sports radio personality Doug Mathews is being sued for more than $1.2 million, according to a lawsuit filed in the U.S. District Court for the Middle District of Tennessee.
Mathews and his wife took out three separate loans in 2008, 2009 and 2011 from Tennessee Commerce Bank that have since been transferred to Sandton Capital Partners, which filed the suit. The Federal Deposit Insurance Corp. closed the Tennessee Commerce Bank in January 2012. Two of the loans are related to a business and a third made in 2008 for $340,000 was listed as a “radio station loan.”
Mathews is well known locally for his Saturday morning radio show on 104.5 The Zone sports station and his close friendship to former UT coach Phil Fulmer. Mathews also coached at UT from 1980-89, first as running backs coach and then as defensive coordinator.
In addition to his radio show, Mathews and his wife own a sporting goods apparel company called “Doug Mathews' Team Sports.”
Sandton Capital Partners is represented in this matter by David W. Houston and Faisal Delawalla of Burr & Forman LLP. An attempt was made to reach Mathews, but his business number has been disconnected and according to state records the apparel company was dissolved in February of this year.