The 1998-99 campaign for Real Oviedo was a season of consolidation and electric striking power as Los Azules secured a solid 14th-place finish in La Liga, continuing their strong run in the Spanish top flight. The Panamanian sensation, Julio Dely Valdés, was the talisman, firing in a magnificent 19 goals in the league. His unforgettable moments included scoring the crucial winner in a memorable home victory against giants Real Madrid. Under the guidance of manager Fernando Vázquez, this season was defined by Valdés' prolific form, which proved absolutely vital in keeping the Carbayones firmly established among Spain's elite and remains a highlight of their golden decade.. The 1999-00 campaign was a dramatic, nerve-wracking fight for survival for Real Oviedo as Los Azules ultimately secured a 16th-place finish in La Liga, just three points above the relegation places. Leading the charge with his characteristic power was the prolific Panamanian striker Julio Dely Valdés, whose 11 goals proved vital in the desperate battle to remain in the top flight. The season was unforgettable for a sensational 3-0 home victory over a strong Barcelona side and a thrilling 2-2 draw against Real Madrid, providing moments of brilliance that defined a tense year and marked the final era of the club's long spell in the Spanish first division.