Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 08/2009 |  | Jóhann Aðalgeirsson | MF |  | Víðir Garður | Víðir Garður |
| 08/2009 |  | Ben Ryan Long | MF | |||
| 08/2009 |  | Tor Erik Moen | MF |  | SK Vard | SK Vard |
| 07/2009 | | Helgi Már Helgason | GK |  | Reynir Sandgerði | Reynir Sandgerði |
| 07/2009 | | Óli Stefán Flóventsson | MF | | SK Vard | SK Vard |
| 05/2009 |  | Luka Kostić | MA | |||
| 01/2009 | | Ingólfur Ágústsson | GK |  | Þór Akureyri | Þór |
| 01/2009 | | Benóný Þórhallsson | GK | |||
| 01/2009 | | Óttar Magnússon | DF |  | IF Höttur | IF Höttur |
| 01/2009 | | Guðmundur Bergsteinsson | MF | |||
| 01/2009 | | Sveinbjörn Jónasson | MF |  | KF Fjarðabyggðar | Fjarðabyggð |
| 01/2009 |  | Sylvian Soumare | MF | |||
| 01/2009 | | Marko Stefánsson | MF |  | UMF Njarðvík | UMF Njarðvík |
| 01/2009 | | Gunnar Þorsteinsson | MF | |||
| 01/2009 | | Þórarinn Kristjánsson | FW |  | Keflavík ÍF | Keflavík |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/2009 | | Óttar Magnússon | DF | | IF Höttur | IF Höttur |
| 01/2009 | | Andri Birgisson | MF |  | Asker SK | Asker SK |
| 01/2009 | | Alexander Þórarinsson | MF |  | Fram Reykjavík | Fram |
| 01/2009 |  | Tomasz Stolpa | FW |  | Gabala FK | Gabala |