Jack Riewoldt has reiterated his desire to stay at Richmond and says he understands the need for individual financial sacrifices to achieve team success.

The star forward is hopeful the "finer details" of his new contract with the Tigers would be finalised soon.

Riewoldt, who along with dynamic young teammate, Dustin Martin, is out of contract at the end of this season, agreed with Tiger captain Trent Cotchin, when he conceded personal sacrifices were required to keep the Club’s talented playing group together.

"It's really well understood. I think every football club would like to pay their players as much as possible to keep them there, but it's about making those sacrifices," Riewoldt said.

"Obviously, over the last two to three years, players' prices have been put up because of the new expansion sides and the salary cap relief they do have.

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"It's about making those sacrifices as a player and a football club, but coming to amicable terms the player and club both think are fair."

Riewoldt was adamant he wanted to remain at Punt Road, where he has played 126 games and won the 2010 and 2012 Coleman Medals, but it was a question of sorting the "finer details" of his new agreement.

"I've said I really want to be at Richmond next year, and I know the Club really wants me there, so it's about sorting those things out.

"There are plenty of contracts going around at the moment at the Club, so we're sorting that out and, as I've stated, hopefully we've got some good news for the football club, myself, and the fans, in the not too distant future."

Riewoldt said this Saturday evening's clash with Gold Coast in Cairns held no fears, despite the Tigers losing to the Suns at Cazalys Stadium the two times they've played there.

He is confident the group was "ready to attack and take the challenge", and a "hoodoo" wasn't a concern after they broke a nine-game losing streak against Carlton in Round 1 this season.

He also admitted last week's 62-point loss to North Melbourne was a  "little bit of a wake-up call", but the Tigers couldn't ignore the positive inroads they'd made the four weeks previous.

"Unfortunately, it was one of those weeks where most our 22 that played didn't play their role," he said.

"We understand that and we know what we can fix.

"Not taking anything away from North Melbourne; they played some really good football and some that we really struggled to combat.

"Hopefully, next time we come up against a situation like that, we can put some things in place to stop the flow.

"Last week was a little bit of a hiccup, but we know we're still treading a pretty good path and we're taking some steps forward.  Last week was a little bit of a step back, but we learn from it, we move on, and we set our sights on the Gold Coast."