million net debt from past years. In 2013, another club in the city was created under the name of CDR Atlético Palencia 1929. Former clubs Club Deportivo Palencia – (1929–41) Fábrica Nacional de Palencia – (1941–51) Atlético Palencia – (1951–60) Palencia Club de Fútbol – (1960–86) Club background Club Deportivo Cristo Olímpico – (1975–87) Club de Fútbol Palencia Cristo Olímpico – (1987–99) Club de Fútbol Palencia – (1999–2012) Season to season As CD Cristo Olímpico, farm team As CF Palencia Cristo Olímpico As CF Palencia 14 seasons in Segunda División B 18 seasons in Tercera División Former players References External links Official website Futbolme team profile Unofficial website Sport in Palencia Defunct football clubs in Castile and León Football clubs in Castile and León Association football clubs established in 1975 Association football clubs disestablished in 2012 1975 establishments in Spain 2012 disestablishments in Spain