Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/1992 |  | Pedro Garay | MF | |||
| 01/1992 |  | Víctor Civarelli | GK | |||
| 01/1992 |  | Rafael Quesada | GK | |||
| 01/1992 | | Luis Ávila | DF | |||
| 01/1992 | | Percy Olivares | DF |  | Deportivo Cali | Deportivo Cali |
| 01/1992 | | Orlando Prado | DF | |||
| 01/1992 | | Martín Ramírez | DF |  | San Agustín | San Agustín |
| 01/1992 | | Fidel Suárez | DF |  | Sport Boys | Sport Boys |
| 01/1992 | | Carlos Lobatón | MF | |||
| 01/1992 | | German Pinillos | MF | |||
| 01/1992 | | Carlos Torres | MF | |||
| 01/1992 |  | Raúl Avilés | FW |  | Emelec | Emelec |
| 01/1992 | | Fabián Suescun | FW |  | Racing Club | Racing Club |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/1992 | | Percy Olivares | DF |  | 1. FC Nuremberg | Nuremberg |
| 01/1992 | | Francesco Manassero | MF |  | Universitario de Deportes | Universitario |
| 01/1992 | | Julio César Uribe | MF |  | Independiente Medellín | Medellín |