In July 2006 Cerro de Reyes' president saved
CD Badajoz from folding, by assisting in the latter's debts. Subsequently, Cerro took the other club's place in the
third division, with Badajoz falling to
the fourth. In
2008–09 the team won Group 14 in the fourth level. In the play-offs it eventually promoted to division three for the first time in its history, after beating
UD Los Barrios 2–0 on aggregate. In
its first season in the third division, Cerro de Reyes maintained its status after finishing in 14th position – Enzo Noir was the side's top scorer with 15 goals. However, in
the following campaign, as the club was immersed in a severe economic crisis, many players left it in the winter
transfer window, leading to the team's non-appearance for two matches in a row, which eventually led to its exclusion from the league and consequent relegation. ==Season to season==