Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1997 |  | Armen Hovhannisyan | GK | |||
| 01/1997 |  | Pascal Rousseau | GK |  | US Endoume | US Endoume |
| 01/1997 | | Felix Khojoyan | DF |  | Shirak FC | Shirak FC |
| 01/1997 | | Armen Petikyan | DF |  | Impuls Dilijan | Impuls Dilijan |
| 01/1997 | | Razmik Grigoryan | MF |  | Spartak Varna | Spartak Varna |
| 01/1997 | | Gagik Manukyan | MF |  | FC Kotayk | FC Kotayk |
| 01/1997 |  | Dede Tamboura | FW | |||
| 09/1996 | | Henrik Berberyan | FW | | FC Kotayk | FC Kotayk |
| 09/1996 | | Samvel Petrosyan | MA | | FC Kotayk | FC Kotayk |
| 07/1996 | | Karen Dokhoyan | DF | |||
| 07/1996 | | Abraham Khashmanyan | MF | |||
| 07/1996 | | Grigor Mkrtchyan | MF |  | Avshar Ararat | Avshar |
| 07/1996 | | Armen Shakhalyan | MF |  | Van Yerevan | Van Yerevan |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1997 | | Georgi Khachatryan | GK |  | FC Ararat | Ararat |
| 01/1997 | | Hayk Narimanyan | DF | | FC Kotayk | FC Kotayk |
| 01/1997 | | Artur Minasyan | MF | | FC Ararat | Ararat |
| 01/1997 | | Robert Mkhitaryan | MF | | FC Kotayk | FC Kotayk |
| 01/1997 | | Grigor Mkrtchyan | MF | | Impuls Dilijan | Impuls Dilijan |
| 01/1997 | | Armen Shakhalyan | MF | | Van Yerevan | Van Yerevan |