HONG KONG (AFP) - Birmingham City's former owner, sentenced to six years in prison for money laundering, will not appeal against his sentence, a Hong Kong court heard on Friday, after an appeal against his conviction was rejected earlier this week.

Carson Yeung, 55, was jailed last March in a case that gripped the southern Chinese city and fans of the English football 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. His appeal bid against his conviction was rejected on Wednesday.

"The applicant will not pursue leave to appeal," said Derek Chan, representing Yeung, in front of a panel of three judges at Hong Kong's High Court on Friday.

Chan said that the decision was consistent with an earlier indication by the defence that Yeung would only appeal against his sentence if his conviction was reduced.

Yeung was charged in June 2011, two years after he bought the team.