Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 05/1997 |  | Björn Skúlason | DF |  | KR Reykjavík | KR |
| 04/1997 |  | Siniša Kekić | MF | |||
| 01/1997 | | Leifur Guðjónsson | FW | |||
| 01/1997 | | Ólafur Ingólfsson | FW |
UMF Grindavík
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 05/1997 | | Björn Skúlason | DF | | KR Reykjavík | KR |
| 04/1997 | | Siniša Kekić | MF | |||
| 01/1997 | | Leifur Guðjónsson | FW | |||
| 01/1997 | | Ólafur Ingólfsson | FW |