Home owner held prisoner

Mr Adamou was assaulted and held prisoner in his own home

A businessman who held a home owner prisoner after he increased the price of his house could be facing a prison sentence.

Lester Stacey attacked the Adam Adamou because he was told the agreed price of the Staffordshire farmhouse would be increased by more than £150,000.

Stacey, 39, was found guilty of false imprisonment and assault at Stoke-on-Trent Crown Court on Wednesday.

The court was told in May last year that Stacey went round to the house, punched Mr Adamou in the face and kept him prisoner in his own home for several hours.

On Wednesday the court heard Stacey had agreed to pay £600,000 for a farmhouse at Woodseaves in Staffordshire.

Lester Stacey said he did not regret his actions

But when contracts had not been exchanged four months later, Mr Adamu decided to have it revalued.

He then put up the price by more than £150,000.

Stacey told BBC Midlands Today that he did not regret his actions.

"I'm pretty sure that anyone facing the circumstances that I was in would have done the same," he said.

"I have no regrets."

Stacey, who will be sentenced next month has been warned he could face a prison sentence.