Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2011 | Guðmundur Júlíusson | MF |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2011 | Egill Steingrímsson | FW | ![]() | Fjölnir Reykjavík | Fjölnir | |
| 01/2011 | Jóhann Þórbjörnsson | FW | ![]() | Fjölnir Reykjavík | Fjölnir |

| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2011 | Guðmundur Júlíusson | MF |
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2011 | Egill Steingrímsson | FW | ![]() | Fjölnir Reykjavík | Fjölnir | |
| 01/2011 | Jóhann Þórbjörnsson | FW | ![]() | Fjölnir Reykjavík | Fjölnir |