Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/2003 |  | Diego Godín | DF | |||
| 01/2003 | | Jorge Contreras | GK |  | Juventud de Las Piedras | Juventud |
| 01/2003 |  | Alejandro Cichero | DF |  | Central Español | Español |
| 01/2003 | | Damián Alvarez | MF |  | Racing | Racing |
| 01/2003 | | Fernando Álvez | MF | |||
| 01/2003 | | Danilo Baltierra | MF |  | Progreso | Progreso |
| 01/2003 | | Víctor Martínez | MF | | Juventud de Las Piedras | Juventud |
| 01/2003 | | Juan Pablo Rodríguez | MF | | Racing | Racing |
| 01/2003 | | Julio Rodríguez | MF | |||
| 01/2003 | | Juan González | FW |  | Fénix | Fénix |
| 01/2003 | | Sebastián Merlo | FW |  | Colón de Santa Fe | Colón |
| 01/2003 | | Juan Ortiz | FW | | Racing | Racing |
| 01/2003 | | Juan Toya | FW | |||
| 01/2003 | | Gerardo Pelusso | MA |  | Aucas | SD Aucas |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/2003 | | Juan Pablo Rodríguez | MF |  | Estudiantes | Estudiantes |
| 07/2003 | | Juan Ortiz | FW | | Estudiantes | Estudiantes |
| 07/2003 | | Marcelo Refresquini | FW |  | Basáñez | Basáñez |
| 07/2003 | | Juan Toya | FW |  | Nacional | Nacional |
| 01/2003 | | José Puente | DF | | Central Español | Español |
| 01/2003 | | Jorge Artigas | MF |  | Universitario de Deportes | Universitario |
| 01/2003 | | Álvaro Pintos | FW | | Universitario de Deportes | Universitario |