Waterford FC owner Andy Pilley has been sentenced to 13 years in prison over fraud offences in the UK.
Pilley appeared at Preston Crown Court in England for sentencing on Tuesday.
He was found guilty of two counts of fraudulent trading, fraud by false representation and being involved in the acquisition, retention, use or control of the proceeds of fraudulently mis-sold energy contracts.
Also chairman of commercial energy supplier BES Utilities, Pilley had been involved in UK High Court litigation with local authority Cheshire West and Chester Council, but lost a civil court fight over investigating allegations of mis-selling.
At the sentencing, the 53-year-old, who had been remanded in custody, was jailed for a total of 13 years and was also disqualified from being a director in the UK for 13 years.
A statement from Waterford FC read: "Waterford Football Club acknowledges the sentencing in the court case involving owner Andy Pilley.
"The club would like to reiterate convictions are against individuals and not Waterford FC, or any of the businesses associated with them, and will continue to operate as normal.
"The club will make no further comment at this time."
Club statement: Andy Pilley
👉 https://t.co/ISI9uG2CfT pic.twitter.com/DAGaCKwwfj
— Waterford FC (@WaterfordFCie) July 4, 2023
Pilley had previously been the chairman of English League One club Fleetwood Town for 20 years and overseen their rise from non-league status to the English Football League.
He stepped down as chairman and director of Fleetwood during May after being convicted on four counts of fraud.
Fleetwood Town FC beat Waterford FC 5-1 in a preseason friendly on Tuesday night, hours after the owner of both clubs was sentenced.
