Birmingham City’s jailed former owner Carson Yeung was freed on bail in Hong Kong yesterday pending an appeal against his conviction for money laundering.
Yeung, 55, was jailed for six years in March last year in a case that gripped the territory and fans of the English soccer club with its tales of unexplained dealings and financial transactions involving local businessmen and an alleged triad member.
Yeung was convicted on five charges of laundering HK$721 million (US$93 million).
A previous appeal bid was rejected in May, but Yeung was granted the right to challenge his conviction yesterday.
Yeung was freed by the Court of Final Appeal, the territory’s highest court, on HK$7 million bail and cash surety of HK$6 million, the South China Morning Post said.
Leave to appeal was granted based on legal questions raised by Yeung’s defense in written submissions, the Post reported. Yeung was charged in June 2011, two years after he bought the team.
He remains the largest shareholder in the club’s holding company, according to the Hong Kong stock exchange Web site, despite resigning from all positions before the trial verdict.
Birmingham City — who were relegated from the Premiership in 2011, three months after winning the English League Cup — have been in talks with potential bidders over the past few years.
Little known before his emergence in English soccer, Yeung, a hairdresser turned tycoon, took control of Birmingham City in October 2009 in an ￡81 million (US$126.3 million) takeover from David Sullivan and David Gold, now the co-owners of West Ham United.
Yeung’s appeal hearing is to take place on May 31 next year.
Meanwhile, in English League Cup results, Doncaster on Thursday defeated Leeds on penalties after extra time. The two sides were tied 1-1 from the first half until the end of regulation and extra time. In the shootout, Doncaster topped Leeds 4-2.
On Wednesday, Preston beat Crewe 3-1, Middlesbrough defeated Oldham 3-1 and Portsmouth emerged victorious over Derby 2-1.
Additional reporting by staff writer
Chen Jifang hits the gym for at least two hours every day and has the physique to prove it. At nearly 70, she is being held up as a shining example as China orders its vast population to get fit and lose the bulge. The grandmother from Shanghai has become a minor celebrity in in the past few months after her newfound and unlikely love for working out made national headlines. After becoming a gym regular in December 2018, Chen lost 14kg in three months, and now sports the kind of flat stomach and toned muscles that people decades younger aspire to. She
Former MLB pitcher Wang Wei-chung has signed the biggest contract with a local team in Taiwan’s professional baseball history, the Wei Chuan Dragons said yesterday. The 28-year-old left-hander signed a five-year US$2.08 million contract with the Dragons, team chairman Hsu Wen-fang told a news conference. It is the biggest contract in the CPBL’s 31-year history, surpassing a three-year, US$1.36 million deal Lin Chih-sheng signed in 2016 with the CTBC Brothers. Although the overall value of Wang’s deal set a new record, his average monthly salary of NT$990,000 (US$33,886) is lower than Lin’s pay of NT$1.2 million per month in 2017
TAIWANESE TO PLAY: Jason Jung faces Frederico Coria in the men’s singles first round today, while in the women’s singles, Hsieh Su-wei is to take on Barbara Haas Novak Djokovic is to renew his love-hate relationship with Roland Garros in the knowledge that it is himself rather than seemingly unsettled 12-time champion Rafael Nadal who could pose the greatest threat to winning a second Paris title and 18th Grand Slam crown. The only man to beat Djokovic this year is Djokovic after the Serb’s hair-trigger temper prompted a sensational disqualification from the US Open. The 33-year-old arrives in the French capital with a 31-1 record this year after his New York brain-fade was followed by a record 36th Masters title in Rome. Djokovic’s 2016 triumph at Roland Garros allowed him to
Taiwan’s Jason Jung was knocked out of the first round of the French Open in straight sets on Sunday, while Andy Murray said it was going to be “difficult” for the former world No. 1 to reach his level of old after he also fell to a lopsided defeat by fellow three-time Grand Slam champion Stan Wawrinka. Jung fell to a 7-5, 7-6 (8/6), 7-6 (7/3) defeat to Argentina’s Federico Coria in 3 hours, 19 minutes at Roland Garros, despite hitting 55 winners. Jung served for both the first and second sets, then failed to convert two set points at 5-4 in