Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 08/2010 |  | Guðmundur Bjarnason | DF |  | Reynir Sandgerði | Reynir Sandgerði |
| 07/2010 | | Ólafur Bjarnason | DF |  | SK Brann | SK Brann |
| 07/2010 | | Hafþór Vilhjálmsson | MF |  | Valur Reykjavík | Valur |
| 07/2010 |  | Gjorgi Manevski | FW | |||
| 07/2010 | | Vilmundur Jónasson | DF | | Reynir Sandgerði | Reynir Sandgerði |
| 05/2010 | | Vilhjálmur Einarsson | DF |  | KR Reykjavík | KR |
| 03/2010 |  | Loic Mbang Ondo | MF | |||
| 01/2010 | | Rúnar Daníelsson | GK |  | Víðir Garður | Víðir Garður |
| 01/2010 | | Matthías Friðriksson | DF |  | Þór Akureyri | Þór |
| 01/2010 | | Auðun Helgason | DF |  | Fram Reykjavík | Fram |
| 01/2010 | | Alexander Magnússon | FW |  | UMF Njarðvík | UMF Njarðvík |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 08/2010 | | Vilhjálmur Einarsson | DF | | KR Reykjavík | KR |
| 07/2010 | | Sveinbjörn Jónasson | MF |  | KF Fjarðabyggðar | Fjarðabyggð |
| 07/2010 | | Björn Skúlason | DF |  | Breiðablik | Breiðablik |
| 01/2010 | | Ingólfur Ágústsson | GK |  | Draupnir | Draupnir |
| 01/2010 | | Bogi Rafn Einarsson | MF | | UMF Njarðvík | UMF Njarðvík |
| 01/2010 | | Óli Stefán Flóventsson | MF |  | Sindri Höfn | Sindri Höfn |
| 01/2010 | | Þórarinn Kristjánsson | FW |  | Klepp IL | Klepp IL |