Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1997 |  | Mohammed Sbae | MF |  | Desportivo Beja | Desportivo Beja |
| 12/1996 |  | Kiko | FW |  | Stockport County | Stockport County |
| 09/1996 |  | Virgilio Hernández | DF |  | Mérida AD | Mérida AD |
| 07/1996 | | Abel Silva | DF |  | FC Felgueiras 1932 | FC Felgueiras |
| 07/1996 | | Jorge Ferreira | DF |  | S.C. Braga | S.C. Braga |
| 07/1996 |  | Valente | DF | |||
| 07/1996 | | Jorginho | MF | | Desportivo Beja | Desportivo Beja |
| 07/1996 | | Serginho | MF |  | Fanhões | Fanhões |
| 07/1996 | | Reinaldo Silva | FW |  | União Leiria | União Leiria |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/1996 | | Beto | DF |  | Sporting CP | Sporting |
| 07/1996 | | Gila | DF |  | SC Beira-Mar | SC Beira-Mar |
| 07/1996 | | Nuno Afonso | DF |  | UD Salamanca | Salamanca |
| 07/1996 | | Paulo Torres | DF | | UD Salamanca | Salamanca |
| 07/1996 |  | Jovo Bosančić | MF |  | Barnsley FC | Barnsley |
| 07/1996 | | José Armindo | MF |  | FC Penafiel | Penafiel |
| 07/1996 | | Goran Stevanović | MF |  | União da Madeira | União Madeira |
| 07/1996 | | Bruno Silva | FW |  | Juventude SC | Juventude SC |
| 07/1996 |  | Jimmy Floyd Hasselbaink | FW |  | Boavista | Boavista |
| 07/1996 | | Manuel Fernandes | MA |  | Vitória Setúbal | Vitória FC |