Richmond will lose Australian Finance Group (AFG) as a major sponsor at the end of this year, the AFL club has announced.

Tigers president Gary March said the mortgage broker was unable to continue its support due to the changing financial climate.

"We respect the fact that due to the changing nature of global economic markets AFG are unable to continue with their sponsorship of the club," March said.

"AFG has been a terrific partner for the club and we wish them all the best in the future."

AFG became a Richmond sponsor in 2004, filling the breach left by the Transport Accident Commission (TAC).

The TAC broke their 16-year association with the club after Jay Schulz became the second Richmond player in four years to be arrested for drink-driving.

Brought to you by AAP © 2024 AAP