Financial blow could knock-out South Broadway Athletic Club

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ST. LOUIS, MO (KPLR) - A south St. Louis boxing and wrestling institution is in financial trouble and could  be closing their doors for good later this year. The South Broadway Athletic Club is trying to stay off the ropes and says your shouldn't count them out.

"The South Broadway Athletic Club means a lot to a lot of people.  It`s been here for over 100 years and it was founded on boxing and wrestling." said former President Tony Casta.

For Tony Casta and many St. Louisans the South Broadway Athletic Club has been a second home. For 35 years Casta has been a combination president, promoter and wrestler at the club.

But, wrestling and boxing matches might not be enough to keep South Broadway from getting KO'd.  The club needs around $20,000 to help pay back taxes, insurance, utilities and general upkeep.

"Our membership is down right now.  After being around for 100 years a lot of our members are in their 70`s and 80`s." said former president Tony Casta.

South Broadway's other building on south 7th street hosts after school boxing, but might have to shut down by summer.

"Is it possible this place might not be around?  It`s very very possible.  We have a lot of things in the work.  We don`t know if they`re going to work  We`re going to try different stuff." said Tony Casta.

One way the club is trying to stay off the ropes is through a GofFundMe drive to raise $10,000.

"We used to be very successful with our Bingo.  And then they came up with the no smoking ban." said Tony Casta "And Bingo kept us alive.  At our regulations you can only use the Bingo money for certain things and we used it to keep the club going."

That lack of dough has been a blow to their breadbasket. But, Casta says they're not yet ready to throw in the towel.

"Hopefully we will not have to close this place.  We`ve been here so long.  There`s a lot of people that don`t want it to close.  We`re gonna try to keep it going." said Tony Casta.

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