"I am shocked by the manner of the last two performances," Richmond said in the Yorkshire Post. "To go down in that manner is not what we were hoping for at all and I have got to say that I will work every hour possible, night and day, to re-build this football club.
"It is not going to be easy because we don't have a lot of money but we have to do what we can for those wonderful supporters. We have got the backing of the best fans in the country and they deserve a lot better than what they have got.
"Next year we will have the passion on the pitch to compare with the passion shown by our fans. There is a lot of hard work ahead and that may include making some decisions which, in the short term, will prove unpopular, but this football club is in such a mess in every single way that we will need to completely re-build in the summer.
"We need a new team of hard-working players," added Richmond. "Nobody wants our players because of their wages, some of which are beyond belief, but I will get rid of those players we need to as quickly as possible to give us the best possible chance of coming back stronger next season.
"Come August we will have a very, very good Division One team. We won't be buying average Division One players, we will have between £4m to £5m available to spend on wages and we will bring in the best possible players. On paper, at least, we will have a side that the fans can look at and say 'we have a chance'."