SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K


                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

          Date of Report (Date of Earliest Event Reported): July 1, 2003



                               AVADO BRANDS, INC.
             ------------------------------------------------------
             (Exact name of Registrant as Specified in its Charter)


             Georgia                    0-19542               59-2778983
-------------------------------     ----------------      -------------------
(State or other Jurisdiction of     (Commission File         (IRS Employer
Incorporation or Organization)          Number)           Identification No.)


         Hancock at Washington
           Madison, Georgia                              30650
----------------------------------------       -------------------------


       Registrant's telephone number, including area code: (706) 342-4552

                                 Not Applicable
          (Former name or former address, if changed since last report)





     ITEM 7. FINANCIAL STATEMENTS, PRO FORMA INFORMATION AND EXHIBITS

     (a) Financial Statements of Businesses Acquired:

     None.

     (b) Pro Forma Financial Information:

     None.

     (c) Exhibits:

     99.1 Avado Brands,  Inc.  press  release dated July 1, 2003,  commenting on
what it considers to be baseless claims,  seeking payment acceleration,  made by
certain noteholders of the Company.


     ITEM 9. REGULATION FD DISCLOSURE

     Avado Brands, Inc. is furnishing the following information and Exhibit 99.1
pursuant to Item 9 of Form 8-K

     On July, 1, 2003, the Company issued a press release  commenting on what it
considers to be baseless claims,  seeking payment acceleration,  made by certain
noteholders  of the Company.  A copy of the press release is attached as Exhibit
99.1.  This  information  is  furnished  solely  pursuant to Item 9 of Form 8-K.
Consequently,  it is not deemed  "filed"  for the  purposes of Section 18 of the
Securities Exchange Act of 1934, or otherwise subject to the liabilities of that
section.  It may only be  incorporated  by reference in another filing under the
Exchange Act or Securities Act of 1933 if such  subsequent  filing  specifically
references this Form 8-K.


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                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                         AVADO BRANDS, INC.


                                         By:/s/Louis J. Profumo
                                         ----------------------
                                         Chief Financial Officer


Date:  July 1, 2003


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