Barcelona, Sep 15 (IANS): FC Barcelona hopes to earn revenues worth 633 million euros ($716 million) and a net profit of 20.2 million euros ($23 million) according to its budget for the 2015-16 season.

The budget, already approved by its board of directors, will be presented to the Assembly of Delegates, scheduled for the October 24-25 weekend, for final approval by the members, reports Efe.

The board also introduced some changes in the executive organisational structure.

This includes the setting up of a macro-level business department headed by Francesco Calvo, former sales manager at Italian club Juventus FC, who will now be FC Barcelona's new commercial director.

Calvo will work to promote FC Barcelona's sales units, the Asian and American offices in Hong Kong and New York, the exploitation of the stadium and facilities, marketing and strategy, audio-visual media and e-commerce, licenses and merchandising and its football and basketball schools and camps.

The Austrian Arno Trabesinger will be the new manager of the American office in New York and the German Pancho Schroder will be the new director of the corporate area, responsible for administration, human resources, systems, innovation, purchasing and operations.

The changes have also affected the social area, the social committee and the supporters club committees, each of which will have new members.

The board also agreed to implement proposed travel of members and supporters with the first team, one of the promises made during the election campaign for the presidency of the club.

The directors also approved a social project to help refugees and the development of a proposal on what the future of the University of FC Barcelona should be.