Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2004 |  | Luiz Almeida | GK |  | Ceará - CE | Ceará SC |
| 01/2004 | | Jamir | MF |  | Portuguesa Santista - SP | AAPS |
| 01/2004 | | Jorginho | MF |  | Flamengo RJ | Flamengo |
| 01/2004 | | Pituca | MF | |||
| 01/2004 | | Leandro Tavares | FW | |||
| 01/2004 | | Leonardo Ferreira | FW |  | GKS Katowice | GKS Katowice |
| 01/2004 | | Val Baiano | FW |  | Santos FC | Santos FC |
| 07/2003 | | Clêison | MF | |||
| 07/2003 | | Roma | FW | | Flamengo RJ | Flamengo |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2004 | | Paulo Isidoro | FW |  | Portuguesa - SP | Portuguesa |
| 01/2004 | | Roma | FW |  | Jeonbuk FC | Jeonbuk |
| 07/2003 | | Batata | DF |  | Náutico - PE | Náutico |
| 07/2003 | | Romerito | FW |  | Santo André - SP | Santo André |
| 07/2003 | | Túlio | FW |  | Atlético Goianiense | Atlético |