Lynn AC were able to re-open their doors last week after The Matchroom Charitable Foundation made a £10,000 donation.
The South London club, which was founded in 1892, had been forced to shut in July due to health and safety concerns.
Lynn AC, which is completely volunteer led, had started to fundraise towards a £12,000 target but then Matchroom Sport stepped in to help.
Matchroom chairman Eddie Hearn cut the red ribbon to officially reopen the club on September 28.
“It is a special evening and one to celebrate alongside Lynn AC,” said Hearn.
“To see what it means to this historic club – who are the heart and soul of this wonderful local community – is priceless.
“Boxing is an amazing sport. And it’s moments like this that reaffirm my love and passion for it.
“There’s still plenty of work to be finished here at Lynn AC but there’s been enough done by Terry Pearson and his team to reopen the doors which means hundreds of youngsters will once again get the opportunity to train in a safe environment here, under the expert guidance of skilled coaches.
There are many more communities who are in dire need of support here in the UK.
“I hope we can use our influence to help and bring awareness for much needed aid at a Government level. But until then, we remain deeply committed to supporting grassroots projects across the UK and I am delighted we could play our part here to usher in a bright new era at Lynn AC.”
The likes of Ellie Scotney, Mickey Cantwell, Danny Williams, Richard Riakporhe, Chris Okoh, Derek Angol, Chris Kongo, Daniel Dubois, Henry Akinwande and Wayne Alexander all boxed for the club which has survived various crises over the years – including an air raid on the premises during Second World War.
Alexander and IBF world flyweight champion Sunny Edwards both attended last week’s event – the latter putting on a masterclass at the busy gym.
PICTURE: MATCHROOM BOXING
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