Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1998 |  | Harutyun Abrahamyan | GK |  | FC Ararat | Ararat |
| 01/1998 | | Arsen Ayvazyan | DF | | FC Ararat | Ararat |
| 01/1998 | | Vardan Khachatryan | DF |  | FK Köpetdag Aşgabat | FK Köpetdag |
| 01/1998 | | Suren Chakhalyan | MF |  | Pyunik FC | Pyunik |
| 01/1998 | | Artur Minasyan | MF | |||
| 01/1998 | | Ara Nigoyan | MF | | FC Ararat | Ararat |
| 01/1998 | | Ashot Khachatryan | MA | |||
| 07/1997 |  | Serge Gogua | DF | |||
| 07/1997 | | Erik Hayrapetyan | DF | | FC Ararat | Ararat |
| 07/1997 | | Artur Petrosyan | MF |  | Shirak FC | Shirak FC |
| 07/1997 | | Armen Shakhalyan | MF |  | Van Yerevan | Van Yerevan |
| 07/1997 | | Artur Voskanyan | MF |  | Lernayin Artsakh | Lernayin Artsakh |
| 07/1997 |  | Mallal N'Diaye | FW | | Pyunik FC | Pyunik |
| 07/1997 | | Samuel Darbinian | MA | |||
| 07/1997 | | Samvel Darbinyan | MA |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1998 |  | Pascal Rousseau | GK |  | Etoile Carouge FC | Etoile Carouge |
| 01/1998 | | Felix Khojoyan | DF | | Shirak FC | Shirak FC |
| 01/1998 | | Yerwand Krbashyan | DF | | Pyunik FC | Pyunik |
| 01/1998 | | Gagik Manukyan | MF |  | Avshar Ararat | Avshar |
| 01/1998 | | Artur Petrosyan | MF | | Shirak FC | Shirak FC |
| 01/1998 | | Artur Voskanyan | MF | | Avshar Ararat | Avshar |
| 09/1997 | | Mallal N'Diaye | FW |  | FC Lausanne-Sport | FC Lausanne |
| 07/1997 | | Samvel Petrosyan | MA |  | FC Kotayk | FC Kotayk |