Ares Management Corp. has initiated moves to reduce John Textor's operational control over his football club group, according to sources familiar with the matter. The private equity firm's action follows mounting losses and escalating tensions surrounding one of its largest sports investments.

The conflict centers on Textor's management of multiple football clubs, which have reportedly struggled financially under his leadership. Ares, as a major creditor, appears increasingly concerned about the performance of its substantial sports investment. The credit investor's push to limit Textor's authority signals growing frustration with the current operational structure.

This development marks a significant shift in the relationship between Ares and Textor, who previously enjoyed considerable autonomy in running the football empire. The move to weaken Textor's control suggests Ares Management is taking a more hands-on approach to protect its investment. Industry observers note this could set a precedent for how private equity firms handle troubled sports investments in the future.