At the end of 19th century the city of Lobos had an intense commercial and industrial activity, although the most part of the incomes were produced by agriculture. Lobos was populated mostly by English immigrants who owned wide portions of lands. Those Irish people were not interested in the "criollo" culture, so they were looking for another activities to spend the time. Tomás Moore, one of those Irish immigrants, wrote in his diary: "Tomás McKeon and I will do as much as possible to found an athletic club in Lobos, although I think it would be very difficult with no help... We'll put our most efforts and only when we realize it is impossible, we will surrender" In the first meeting, on Sunday 3 July 1892, Lobos Athletic was founded. According with club's founding act, the purpose of creating a club was "To serve as an entertainment for the youth of Lobos, living in a town which life is monotonous and boring. This entertainment would be possible through football, which will be practised following the Association rules" Lobos Athletic was the first club to host the practise of football in Buenos Aires Province, some of these footballing techniques was being taught later in the early 1900s by an Irish immigrant who arrived in Buenos Aires in 1900 at the age of 29 to teach English and athletics at the Commerce School. Edmundo Kirk was elected as its first president, while Tomás Moore was the first captain for the club. Other persons that took part in club's foundation were Carlos Page, Patricio Kirk, Tomás Mackeon, Tomás Garraham, Santiago Mackeon, Eugenio Seery, Juan Geoghehan, José Garrahan, Lorenzo Owens, Felix Dolan, Hugo Lawlor, Eduardo Walsh, William Weir, José Joyce, Eusebio Eguino, Eduardo Slamon and Eduardo Burbridge Jr. Those young people studied at English High School of Buenos Aires and because of their contacts with other students, Lobos AC played some matches facing Once de Carlos Bowers, Ferrocarril Sud, Quilmes, St. Andrew's and English High School, all of them in 1893. That same year the team changed its original colors to differ from other teams that had also adopted the blue. For that reason, Lobos switched to red and black, which would be the definitive colors of the club. Likewise, Lobos AC's first field was placed in a land that the Buenos Aires Western Railway allowed them to use. During those first years of football in Argentina, Lobos was runner-up in 1898 and 1899, following Lomas A.C., which was a very strong team by then. In July 30, 1899, Lobos was also the first Argentine football team to go on a tour outside Argentina, playing some friendly matches in Uruguay where the squad achieved a notable 2–0 victory over CURCC. That same year the Argentine Association Football League ruled that its clubs should be their fields located no more than 30 km from the city of Buenos Aires, which caused Lobos AC disaffiliated from the union. In 1902, three Lobos AC footballers were called up for the Argentina national team to play against Uruguay: Walter Buchanan, Carlos Buchanan and Juan Moore took part of the team that defeated Uruguayan squad 6–0 in the historic first match between both teams, that would be later known as "Rioplatense derby", one of the most important of South American football.
