Balzan secured the services of Malta national team striker Luke Montebello on loan from Birkirkara.
A product of Birkirkara, Montebello joined Italian side Livorno in a joint-ownership deal in summer 2011 and the following summer, the Italian club signed him from Birkirkara.
Luke Montebello returned to Malta in summer 2013, playing for the Stripes in the Euro Cup. However a few weeks later, he joined Valletta, signing a five-year deal.
He had spells on loan with Zebbug Rangers, Tarxien Rainbows and Pembroke Athleta before returning with the Citizens in January 2017. However the following summer, he left the club to re-join Birkirkara.
This summer, Balzan signed Kristian Naumovski, Augustine Loof, Stefan Dimic, Arthur Faria Machado, Ryan Scicluna and Marcus Grima.