The club's colours are red and light blue, in honour of the traditional teams of Avellaneda (Independiente and Racing).

Arsenal's run through the 2007 Copa Sudamericana would lead Sports Illustrated to declare them "the underdog that couldn't be stopped".

Arsenal won 3–2 in Brazil and recorded a 1–1 draw in the second leg to win the tie 4–3 on aggregate, achieving its first official victory over foreign opposition.

In the first leg of the 2007 Copa Sudamericana final, Arsenal beat Club América of Mexico 3–2 at Estadio Azteca.

Their upcoming home field advantage was mitigated by the fact that the second match could not be held in the Estadio Julio H. Grondona, because its capacity of 16,300 did not meet the CONMEBOL criteria of 40,000 for major finals.

Arsenal entered the match without captain Carlos Castiglione, who was suspended due to a red card in the first leg.

With these mitigating factors, Arsenal needed to avoid letting Club América win by a two-goal margin.

However, on 30 July 2008, Arsenal won its second international cup, the Suruga Bank Championship, which they qualified for as Copa Sudamericana champion.

Arsenal won its first championship on 24 June 2012 after defeating Belgrano de Córdoba 1–0 with a goal scored by Lisandro López.

[4] Arsenal also became the first team to win a Primera División title after playing in the five divisions that Argentine football league system is made of.

[6] Arsenal won the Copa Argentina on 16 October 2013 by defeating San Lorenzo de Almagro 3–0 in a final match played at the Catamarca Province[7] The Estadio Julio H. Grondona in Sarandí has a capacity of 36,300, and is known as el Viaducto (The Viaduct).