Carson Yeung s conviction on five counts of money laundering has no impact on the day-to-day running of Birmingham City, say the club.
The club s owner, 54, had denied the five charges against him, which related to the laundering of around HK$721million (£55m) between 2001 and 2007.
But judge Douglas Yau returned a guilty verdict at a Hong Kong District Court on Monday.
Reacting to the news, Birmingham s acting chairman Peter Pannu said in a statement on the club s official website: 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.
Yeung, who completed a protracted takeover of Birmingham in 2009, resigned from the club s board of directors in February while awaiting trial, but is still the Championship outfit s major shareholder.
