The team currently plays in Primera C Metropolitana, the regionalised fourth division of the Argentine football league system.

The nickname "Charrúas" was born from a misspelling, when the journalist Alejandro Berrutti wrote an article in "La Nota" (a satirical newspaper printed in Rosario) where he wrongly named "Arturo Charrúa" to Arturo Charra, the manager who represented Central Córdoba in the Rosario Football League.

[1] Some of the most highlighted footballers were Gabino Sosa (who gave his name to the stadium), Vicente De la Mata -although he spent most of his career in Independiente-, and Tomás "El Trinche" Carlovich, who has been recognized by Diego Maradona and José Pekerman as the best domestic football player ever.

Carlovich's legend rose during a friendly match between a team formed by some prominent Rosarino players, such as Daniel Killer, Mario Kempes, Mario Zanabria, Gabriel Caballero and Carlovich, and the Argentina national football team which was to dispute the 1974 World Cup.

[citation needed] Another notable player was Daniel "Pato" Núñez, who is the all-time leading scorer, and Andrés Radice.