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 of Genoese navigator Lancelotto Malocello, who used the alias "Lanzarote da Framqua". A fort was later built in the area of Montaña de Guanapay near today's Teguise. Castilian slaving expeditions in 1385 and 1393 seized hundreds of Guanches and sold them in Spain, initiating the slave trade in the islands. French explorer Jean de Béthencourt arrived in 1402, heading a private expedition under Castilian auspices. Bethencourt first visited the south of Lanzarote at Playas de Papagayo, and the French overran the island within a matter of months. The island lacked mountains and gorges to serve as hideouts for the remaining