Hóf und hyrjar kneyfi
— hraut unda fjǫl — Þundar
— þat sleit víg á vági —
vandar dýr at landi.
Né fjǫlsnerrinn fyrri
— vægðit jarl fyr jǫfri —
Yggs niðr friðar biðja.
Hóf dýr vandar at landi und kneyfi hyrjar Þundar; fjǫl unda hraut; þat sleit víg á vági. Fjǫlsnerrinn fégildandi niðr Yggs né vildi biðja friðar fyrri; jarl vægðit fyr jǫfri.
The beast of the mast [SHIP] was carried towards land under the destroyer of the fire of Þundr <= Óðinn> [SWORD > WARRIOR = Hákon jarl]; a multitude of wounds spurted; that broke off the battle on the sea. The war-seasoned generous descendant of Yggr <= Óðinn> [= Hákon jarl] did not want to be the first to ask for peace; the jarl did not yield to the prince.
 fjǫl ‘a multitude’: The ms. spellings point to the synonymous fjǫlð, but since Craigie’s Law demands a short-stemmed noun here (cf. Gade 1995a, 29-30), it appears that fjǫlð has replaced an earlier fjǫl (as also in Hfr ErfÓl 7/6).
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