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it reached a deal with the government in 2004 to pay it off in annual payments.

Gonzalez was charged with tax evasion. Gonzalez whereabouts are unknown at present. Like the rest of Spain, Oviedo is struggling with an economic stagnation that has left quarter of all workers jobless and the state on the verge of needing an international bailout. Oviedo Mayor Agustin Iglesias fears not just the psychological blow the loss of the club would mean to his city, but also its economic implications. "If the club disappears, we lose a large part of our history," said Iglesias, who has bought shares as a private citizen and committed 600,000 of the city's budget to the upkeep of the team's stadium and installa.

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The club initially restricted the share offer to Adidas Tubular Doom Pk Black existing owners, and only 194 individuals responded to raise just under 60,000. But after the club opened the scheme on November 3 to all comers, regular fans have bought in for 750,000 blowing away even the most optimistic forecast by the club's own economic adviser, Jorge Sanchez. Online purchases have been received from as far away as Australia. "A week ago, I wouldn't have believed we had a chance to reach (2m)," Sanchez said. "I am beginning to see the glass half full. "The club's total debt is 12m, mainly in back taxes, but Adidas Tubular Primeknit Black On Feet

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was asked by Oviedo's city officials in July to take over the club after former president Alberto Adidas Consortium Tubular Runner - Black / White

 fan club. He said he'd bought 37 shares, while 45 other members had purchased at least 10 shares apiece. Four shares give the owner a seat and a vote at the club's annual meeting. Fans still have fresh memories of how Oviedo celebrated a victory against Barcelona at the Camp Nou in the 2000 01 campaign. But later relegation started a downward slide accelerated by living beyond its means that saw it fall as low as Spain's fourth division. Having climbed back to the third division, it has six wins, three draws and three losses this season, staying unbeaten at home. Just a week ago, the prospects of rescuing the club seemed dim.

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