Tenerife CB Oro due to financial problems and is relegated to Liga EBA. In the next summer and after reaching the promotion playoffs, Tenerife CB achieved a vacant berth to play in LEB Plata, the Spanish basketball third division. In 2013, the club was not allowed to play the lowest regional category in the Canary Islands. LEB Oro MVP Tenerife CB Tenerife Club de Baloncesto was a professional basketball team based in Tenerife, Canary Islands, Spain. Tenerife CB was founded in 1996 after the fusion of some teams of the islands and debuts in LEB Oro in the 1996–97 season, the first
Lanzarote support of the King of Castile) came and fought the local Guanches, who were further decimated. The islands of Fuerteventura and El Hierro were later similarly conquered. In 1477, a decision by the royal council of Castile confirmed a grant of Lanzarote and Fuerteventura, with the smaller islands of Ferro and Gomera to the Castilian nobles Herrera, who held their fief until the end of the 18th century. In 1585, the Ottoman admiral Murat Reis temporarily seized Lanzarote. In the 17th century, pirates raided the island and took 1,000 inhabitants into slavery in Cueva de los Verdes. From 1730 to