Birmingham City owner Carson Yeung has been jailed for six years by a Hong Kong court for money laundering.
The 54-year-old was convicted on Monday of five charges relating to HK$720m (£55m) passing through his bank accounts between 2001 and 2007.
He was charged in 2011, two years after acquiring the football club.
Judge Douglas Yau said: "The sentence must include an element of deterrence to discourage those who are in a position to exploit the system."
The former hairstylist claimed he had accumulated hundreds of millions of dollars through stock trading, business ventures in mainland China, a hair salon and a keen interest in gambling.
'Full force'But his trial was told he had lied about how he made his money and Yeung was described by Judge Yau as "not a witness of truth".
The businessman was unable to show where almost HK$100 million (£7.7m) in his bank accounts had come from.
Sentencing Yeung at Hong Kong District Court, Judge Yau said the law would come down on those who cheat the system "with full force".
"Maintaining the integrity of the banking system is of paramount importance if Hong Kong is to remain an international finance centre," he said.
Outside the district court, Hong Kong police investigator Yu Yin-ching said she was "happy" with the outcome.
Yeung bought Birmingham City in October 2009 for £81.5m from David Sullivan and David Gold, now the co-owners of West Ham.
He is the majority shareholder but resigned in February as president of Birmingham City FC, director of Birmingham City plc and director and chairman of the club's parent company, Birmingham International Holdings Ltd (BIHL).
On Monday, the club said Yeung's conviction would have no impact on day-to-day operations.
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