Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/1974 |  | Raúl Cocherari | MF | |||
| 01/1974 |  | Manuel Uribe | GK | |||
| 01/1974 | | Néstor Verderi | GK | |||
| 01/1974 | | Justo Aliaga | DF | |||
| 01/1974 | | Pedro González | DF | |||
| 01/1974 | | Rodolfo Manzo | DF | |||
| 01/1974 | | José Navarro | DF | |||
| 01/1974 | | Rodolfo Quijaite | DF | |||
| 01/1974 | | Eduardo Stucchi | DF | |||
| 01/1974 | | Antonio Trigueros | DF | |||
| 01/1974 | | Roberto Drago | MF |  | Deportivo Municipal | Municipal |
| 01/1974 | | Manuel Manrique | MF | |||
| 01/1974 | | Teodoro Wuchi | MF | |||
| 01/1974 | | Héctor Bailetti | FW |  | Universitario de Deportes | Universitario |
| 01/1974 | | Gerónimo Barbadillo | FW |  | Sport Boys | Sport Boys |
| 01/1974 | | Pedro Cajo | FW | |||
| 01/1974 | | José Carranza | FW | |||
| 01/1974 | | Pedro González | FW |  | San Lorenzo | CASL |
| 01/1974 | | Guillermo La Rosa | FW | |||
| 01/1974 |  | Gastón Máspoli | MA |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1974 | | Pedro Ruíz | MF |  | Unión Huaral | Unión Huaral |