Birmingham City's Carson Yeung is released on bail

Carson Yeung bought Birmingham City for £81.5m in 2009

Carson Yeung, the former chairman of Birmingham City, has been freed on bail in Hong Kong pending an appeal against his conviction for money laundering.

Yeung was jailed for six years in March 2014 after a court in Hong Kong heard HK$720m (£55m) had moved through his bank accounts between 2001 and 2007.

A previous attempt to challenge his conviction was rejected by the Hong Kong Court of Appeal.

However, the businessman has been given leave to appeal part of his conviction.

Chief Justice Geoffrey Ma Tao-li released Yeung on bail and ordered him to surrender his travel documents and not leave Hong Kong.

Yeung, who bought Birmingham City in 2009, also has to report to a police station three times a week.

During the trial, Yeung was unable to show where almost HK$100m (£7.7m) in his bank accounts had come from.

He was found guilty of five counts of money laundering.

Receivers Ernst & Young, which has been running Birmingham City's parent company since February, is in negotiations with the club's preferred bidder.

Yeung remains the largest shareholder, despite having resigned from the club's board.