Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2004 |  | Kenedy | MF |  | CS Marítimo | CS Marítimo |
| 01/2004 | | Miguel Soares | MF | |||
| 01/2004 |  | Kiril Nikolov | MF |  | PFC Litex Lovech | Litex |
| 08/2003 |  | Maurício | DF |  | Juventude - RS | Juventude |
| 07/2003 | | Nem | DF |  | Atlético Mineiro | Atl. Mineiro |
| 07/2003 | | Eduardo Carvalho | GK | |||
| 07/2003 | | Éder Bonfim | DF |  | Estrela Amadora | Amadora |
| 07/2003 | | Jorge Luíz | DF |  | Varzim SC | Varzim SC |
| 07/2003 | | Paulo Sérgio | MF |  | Montpellier HSC | Montpellier |
| 07/2003 | | Pedro Pereira | MF | |||
| 07/2003 |  | Frederik Söderström | MF |  | Standard Liège | Standard Liège |
| 07/2003 |  | Marco Vanzini | MF |  | Nacional | Nacional |
| 07/2003 |  | Nordin Wooter | MF |  | RBC Roosendaal | RBC Roosendaal |
| 07/2003 |  | Narcisse Yaméogo | MF | |||
| 07/2003 | | Bruno Gama | FW | |||
| 07/2003 | | Edinho | FW | |||
| 07/2003 | | Igor | FW |  | FC Maia | FC Maia |
| 07/2003 | | Pena | FW |  | Racing Strasbourg | Strasbourg |
| 07/2003 | | Rui Águas | AS-CO | | CS Marítimo | CS Marítimo |
| 07/2003 | | João Aroso | AT-C |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2004 |  | Nené | MF |  | Çaykur Rizespor | Rizespor |
| 01/2004 | | Nuno Rocha | MF |  | CD Santa Clara | CD Santa Clara |
| 01/2004 |  | Gabriel Bordi | FW |  | Linares Deportivo | Linares Dep. |
| 07/2003 | | Rui Rego | GK |  | Marco | Marco |
| 07/2003 |  | Antía | DF |  | SD Ponferradina | Ponferradina |
| 07/2003 |  | Bodunha | DF | | FC Maia | FC Maia |
| 07/2003 | | Hugo Henriques | DF |  | CD Pinhalnovense | Pinhalnovense |
| 07/2003 |  | Boher Samson | DF |  | Naval 1893 | Naval |
| 07/2003 | | Tito | DF |  | Moreirense FC | Moreirense |
| 07/2003 | | Carlos André | MF | | FC Maia | FC Maia |
| 07/2003 |  | Nozomi Hiroyama | MF | | Montpellier HSC | Montpellier |
| 07/2003 | | José Lima | MF | | Moreirense FC | Moreirense |
| 07/2003 |  | Mindaugas Kalonas | MF |  | Rubin Kazan | Kazan |
| 07/2003 | | Arrieta | FW |  | GD Chaves | GD Chaves |
| 07/2003 |  | Michael Curcija | FW |  | South Melbourne FC | South Melbourne |
| 07/2003 | | Taílson | FW | | Juventude - RS | Juventude |
| 07/2003 | | Toni Conceição | AS-CO | | Naval 1893 | Naval |