| Goalkeeper | |||||
|---|---|---|---|---|---|
| # | Name | Country | Birthday | ||
 | Þorvaldur Jónsson |  | Iceland | 17.05.1964 | |
| 1 |  | Jens Martin Knudsen |  | Faeroe Islands | 11.06.1967 |
 | Þorvaldur Þorsteinsson | | Iceland | 1979 | |
| Defence | |||||
| # | Name | Country | Birthday | ||
 | Alexandre Agulha |  | Brazil | 21.04.1972 | |
 | Hlynur Birgisson | | Iceland | 22.01.1968 | |
 | Páll Viðar Gíslason | | Iceland | 17.04.1970 | |
 | Þorvaldur Guðbjörnsson | | Iceland | 28.02.1978 | |
 | Steinn Gunnarsson | | Iceland | 25.11.1976 | |
 | Hlynur Jóhannsson | | Iceland | 16.06.1971 | |
 | Sérgio Luiz | | Brazil | 20.03.1971 | |
 | Júlíus Tryggvason | | Iceland | 22.10.1966 | |
| Midfield | |||||
| # | Name | Country | Birthday | ||
 | Albert Arason | | Iceland | 02.12.1977 | |
 | Ingi Heimisson | | Iceland | 05.02.1980 | |
 | Örlygur Helgason | | Iceland | 10.05.1978 | |
 | Sámal Joensen | | Faeroe Islands | 15.01.1975 | |
| Forward | |||||
| # | Name | Country | Birthday | ||
 | Alexandre Barreto | | Brazil | 17.01.1974 | |
 | Heiðar Gunnólfsson | | Iceland | 25.03.1979 | |
 | Hörður Már Magnússon | | Iceland | 30.10.1971 | |
 | John Petersen | | Faeroe Islands | 22.04.1972 | |
 | Jens Erik Rasmussen | | Faeroe Islands | 02.06.1968 | |
ÍF Leiftur