Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/1999 |  | Luis Núñez | MF |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 05/2000 |  | Vilhjálmur Vilhjálmsson | MF |  | Valur Reykjavík | Valur |
| 01/2000 | | Luis Núñez | MF |  | CD Magallanes | CD Magallanes |
| 01/2000 |  | Mac Cozier | FW |  | Charleston Battery | Charleston Battery |
| 11/1999 | | Daði Lárusson | GK |  | FH Hafnarfjörður | FH |