The founders took the name from the neighborhood where it was founded and the colors from legendary team Alumni, which remains nowadays as one of the most successful clubs of Argentina, with 22 titles won.

Boca Alumni finally established its venue in the Mihanovich Shipping Company stadium, which was located in the Isla Maciel of Dock Sud district in Avellaneda Partido.

Both teams faced for the first time in a friendly match on 26 March 1922, where 4,000 spectators attended to the game that Boca Juniors won by 2–0.

[5] Boca Alumni played in the second division (current Primera B) from the 1927 season where the team finished last with only 13 points in 34 games.

Therefore Boca Alumni had to play a playoff in order to define what team would promote to Primera after Liberal Argentino.