Basketball: Tycoon takes on Bullets

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MILLIONAIRE BUSINESSMAN Craig Brown revealed himself yesterday as the new owner of Birmingham Bullets, ending six months of uncertainty for the Budweiser League club following the return to Australia of the club's previous owner Harry Wrublewski.

Negotiations are "fairly well advanced", according to the League, with the deal likely to be concluded by the end of the week.

The 41-year-old Mr Brown's business has strong connections with the entertainment industry. His company, specialises in staging major events. They are involved which the Millennium Dome project and the company's previous involvement with basketball included last season's All Star game.