Ares Management Corp. was owed more than $547 million following the collapse of John Textor’s Eagle Football Group, according to a filing by the administrators on Wednesday.
Ares Management Corp. was owed more than $547 million following the collapse of John Textor’s Eagle Football Group, according to a filing by the administrators on Wednesday.
The Ares Management offices in Los Angeles, California, US, on Friday, Feb. 6, 2026. The Ares Management Corp. tumbled Thursday in a broad selloff among alternative asset managers over fears of AI disruption, even as the firm reported that it ended the fourth quarter with record assets.
Two major financial firms have clashed over the restructuring of Eagle Football, the group that holds stakes in a number of football teams including the storied French club Olympique Lyonnais.
Two major financial firms have clashed over the restructuring of Eagle Football, the group that holds stakes in a number of football teams including the storied French club Olympique Lyonnais.