sport

Yeung resigns Birmingham roles

Birmingham owner Carson Yeung has resigned from his role as president and director of the club as he awaits the verdict in his money laundering trial in Hong Kong.

The Sky Bet Championship side's holding company announced to the Hong Kong Stock Exchange that the 53-year-old had quit his directorships and now "holds no positions in the group".

"Yeung resigned to devote more time to his other personal commitments," said Birmingham International Holdings.

Yeung has been standing trial on five counts of money laundering involving more than 57m deposited in five bank accounts from 2001 to 2007.

Prosecutors claim the money was "criminal proceeds," and a verdict on the case is due on 28 February.

The charges bear no relation to Birmingham, which Yeung bought in 2009 for 81.5m.

Birmingham's 2011 Carling Cup success ended 48 years without a major trophy but the club were relegated from the Premier League the same year.

Cheung Shing, already an executive director at St Andrew's, has been appointed chairman.

Birmingham, who sit 18th in the Championship after losing three of their last four league games, face Charlton at The Valley on Saturday.