Once a top-flight contender with La Liga heavyweights Real Madrid and Barcelona , the 86-year-old club -- based in the northern mining region of Asturias -- has until Saturday to raise €1.9 million ( $ 2.4 million ) or face extinction . Real Oviedo 's story has become an instant Twitter sensation as football fans snap up shares . The club is owned by the Spanish government and was founded in 1904, but it only became a professional team in 1936 after being relegated from La Liga. Club received over €1 million in just nine days , with €274,000 of that from people from Twitter .
Real Oviedo 's story has become an instant Twitter sensation as football fans snap up shares . The club is owned by the Spanish government and was founded in 1904, but it only became a professional team in 1936 after being relegated from La Liga. Club received over €1 million in just nine days , with €274,000 of that from people from Twitter .