Wests Tigers CEO has responded to an article published by The Daily Telegraph on Thursday, which reported that the club has the lowest commercial revenue in the NRL.
Richardson expressed concern for the financial position that the Tigers find themselves in, but also clarified that in season 2025, they've made significant strides.
"We identified that we were significantly underperforming across key commercial metrics," said Richardson.
"The club has made significant strides this season across all key metrics, however, we will not rest on our laurels as we strive towards being a top four club."
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Over the last several months, Richardson has pushed for better game-day facilities in their home grounds.
Back in April, he made headlines when he gave Campbelltown City Council an ultimatum; commit $50 million in stadium upgrades by June 30 or risk losing out on Tigers home games going forward.
On an episode of the Behind the Roar podcast, Richardson made the club's position clear.
"We won’t play there, it’s as simple as that," he said.
"I don’t do ‘Trumpian’ threats, but we won’t play there.
"At the moment, it’s not at a standard that’s required to be an NRL ground."
In his statement that was released on Thursday, Richardson sighted the suburban grounds as a significant factor contributing to their financial position.
"The suburban stadia strategy last season significantly hampered our corporate hospitality and game day revenue which is why we continually stress the importance and need for this club to be playing out of modern, state of the art and fit-for-purpose venues," he said.
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The patterns of growth year-on-year in both stadium and commercial metrics were released by Richardson in his statement.
"Hospitality (51% year-on-year), game day revenue (27% year-on-year), membership (27% year-on-year), sponsorship (16% year-on-year), merchandise (16% year-on year)," said Richardson.