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Ex-Premier League star says The Friedkin Group are ‘flipping’ Everton amid new owners hope

EXCLUSIVE: Everton deserve new owners who want to build the club in the long term because The Friedkin Group are just flipping them, says Alan Smith

Published: Thursday, 15 October 2026 at 5:00 AM
Ex-Premier League star says The Friedkin Group are ‘flipping’ Everton amid new owners hope
Key Things to Know
  • Former Arsenal striker Alan Smith stated his suspicion that The Friedkin Group is 'flipping' Everton for profit.
  • The Friedkin Group announced plans to sell Everton less than 22 months after buying Farhad Moshiri's controlling stake.
  • Smith expressed hope that future buyers will invest long term, citing the new stadium and Finch Farm as major assets.
The Story in 60 Seconds

Former Premier League striker Alan Smith told the Liverpool Echo he suspects The Friedkin Group is "flipping" Everton to make a profit. His comments come after the Houston-based group announced plans to sell the club less than 22 months after acquiring Farhad Moshiri's 99.5% stake. Smith expressed hope that incoming owners will commit to the club for the long term.

Smith noted that Everton remains an attractive proposition for future investors due to their new stadium and Finch Farm training facilities. The prospective sale follows a turbulent summer transfer window where Everton recouped over £100 million on deadline day, leaving manager David Moyes with a heavily reduced first-team squad.

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