They built a new stadium but were promptly relegated, they then tried to buy their way out of trouble but couldn't and were relegated again, and then as a result of their financial situation were relegated yet again to the 4th tier. They are now in the 3rd, but the lower leagues are full of much smaller teams, usually bankrolled by the local construction magnate, but since housing/construction bubble went pop nobody can do this anymore. Oviedo aren't the only one in this predicament in Spain. Problem is Real and Barca do their own TV deals so very little of that money filters through to the rest of the country, and the money they make mostly goes on exorbitant wages, huge transfer fees abroad etc. Its quite shameful tbh.
Anyway, I bought 4 so am now eligible to cast a vote at the AGM!
Saw it announced earlier that due to share issue hitting 1.4m so far, and a slice of transfer fees for Juan Mata and Santi Cazorla having been received, imminent doom has been postponed. They need to find a buyer. Maybe the new worldwide fanbase might sway someone to step in.