Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/1996 |  | Luís Vasco | GK |  | Sporting CP | Sporting |
| 07/1996 |  | Dragoslav Poleksić | GK | |||
| 07/1996 | | Riça | GK | |||
| 07/1996 | | Hilário Leal | DF |  | SC Freamunde | SC Freamunde |
| 07/1996 |  | Parfait Justé N'Guema N'Dong | DF |  | FC Maia | FC Maia |
| 07/1996 |  | Denis Putnik | DF |  | HNK Šibenik | HNK Šibenik |
| 07/1996 |  | Raúl Ramón | DF | |||
| 07/1996 | | Tito | DF |  | FC Famalicão | FC Famalicão |
| 07/1996 | | Vieira | DF |  | CD Nacional | CD Nacional |
| 07/1996 |  | Nikola Milinković | MF |  | UD Almería | Almería |
| 07/1996 |  | Marcel Sabou | MF |  | Sporting Gijón | Sporting Gijón |
| 07/1996 | | Toninho Cruz | MF |  | FC Tirsense | FC Tirsense |
| 07/1996 |  | Patrick Videira | MF | |||
| 07/1996 | | Ovidiu Cuc | FW |  | Atlético Marbella | Atl. Marbella |
| 07/1996 | | Roberto Matute | FW |  | CD Logroñés | CD Logroñés |
| 07/1996 |  | Éttienne N'Tsunda Mvumbi | FW |  | Académica de Coimbra | Académica |
| 07/1996 | | Mario Vojković | FW |  | Hajduk Split | Hajduk |
| 07/1996 | | Zoran Vukcevic | FW |  | CD Feirense | Feirense |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/1996 | | José Nuno Amaro | GK |  | SC Beira-Mar | SC Beira-Mar |
| 07/1996 | | Amarildo | DF |  | Os Belenenses | Belenenses |
| 07/1996 |  | Chico Oliveira | DF |  | FC Felgueiras 1932 | FC Felgueiras |
| 07/1996 |  | Fabinho | DF |  | Middlesbrough FC | Middlesbrough |
| 07/1996 | | Leonel | DF |  | S.C. Braga | S.C. Braga |
| 07/1996 | | Agostinho | MF |  | Paços de Ferreira | Ferreira |
| 07/1996 | | Toniño | MF |  | Vitória Guimarães | Vitória SC |
| 07/1996 | | Riva | FW | | Vitória Guimarães | Vitória SC |
| 07/1996 | | Rui Alberto | FW |  | Varzim SC | Varzim SC |
| 07/1996 | | Tonanha | FW | | Os Belenenses | Belenenses |