Philadelphia ? A suburban swim club accused of discrimination last summer after revoking the memberships of mostly black and Hispanic children plans to declare bankruptcy, a newspaper reported Saturday.

Valley Swim Club president John Duesler sent an e-mail to club “friends and families” Friday saying the board of directors had voted to file for Chapter 7 bankruptcy this week, The Philadelphia Daily News reported.

Duesler wrote, “the truth is that the club has struggled to stay out of the red for at least the last decade” and owes more than $100,000 in operational expenses and legal fees, the newspaper reported.