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A football finance expert has said life could be difficult for Birmingham City following Carson Yeung's sentencing, because there are fears that his stake in the club may be seized by the Hong Kong state.
Yeung, who resigned as Chairman of the club last month, laundered more than £55 million through his bank accounts over six years, and has been jailed for six years.
Robert Matusiewicz says the shares once held by Carson Yeung could be bought by an individual with no affinity to Birmingham City, and view it simply as an investment.
Former Birmingham City Football Club chairman Carson Yeung has been sentenced to six years in jail for laundering £55 million following a high-profile trial.
The 54-year-old was found guilty by a Hong Kong court on Monday of five counts of money-laundering. He had denied the charges.
The businessman told the court he had amassed his wealth through hairdressing, share trading, property purchases, gambling in the world's casino hub of Macau and otherinvestments.
The former hair stylist to Hong Kong's rich and famous laundered the money between January 2001 and December 2007 through five bank accounts, the court found.
Carson Yeung the owner of Birmingham City Football Club is due to be sentenced in Hong Kong today.
He has been found guilty of five counts of money laundering by a court in Hong Kong. The 54-year-old had denied laundering HK$720 million (£55.4m) through his bank accounts between 2001 and 2007.
He could face up to 14 years in jail.
Midlands football pundit, Tom Ross, says the Birmingham City fans hope for new owners.
It follows a court in Hong Kong finding former director, Carson Yeung, guilty of five counts of money laundering.
Fans say they feel "confused" and "in limbo" following Carson Yeung's guilty conviction on five counts of money laundering.
This morning Birmingham City's acting chairman Peter Pannu sought to reassure fans that the Honk Kong court's verdict would not change "day-to-day operations" at the club.
Birmingham City FC's acting chairman Peter Pannu has released the following statement:
"I regret to inform all supporters and staff of our beloved club that Birmingham City F.C's former president and benefactor, Carson Yeung, was today convicted of all charges he faced following a protracted period of legal proceedings.
"I'd like to reassure all supporters and staff that today's verdict will have no impact on the day-to-day operations at the football club.
"Birmingham International Holdings Limited, the holding company, shall continue to support the football club under the leadership of the group's new chairman, Mr Cheung Shing, and will work to raise further investment to support Birmingham City F.C. going forward."
The owner of Birmingham City Football Club has been found guilty of five counts of money laundering by a Hong Kong court.
Carson Yeung previously denied laundering a total of US$93 million (£55.5 million) between January 2001 and December 2007.
Yeung is due for sentencing on Friday.
Latest ITV News reports
Former Aston Villa chairman has told ITV News Central Carson Yeung was interested in buying the club.