LOU RICHARDS' family has accepted an offer of a state funeral from the Victorian Government.

The service is likely to be held next week.

It is expected coverage will be made available to television networks and news websites.

More details, including a venue for the service, will be confirmed in the coming days.

Richards died on Monday aged 94 after a long and celebrated career as a player and media figure.

Earlier on Monday, Richards' daughter Nicole Morrison said her father would have been honoured by the offer.

"I think dad would be really proud to think that someone from Collingwood, who grew up in Collingwood and lived most of his life in Abbotsford, would be offered a state funeral," Ms Morrison told 3AW.

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"I think that would be a great honour. I'm really thankful to the premier for offering that to us. We're very, very proud of that."

Victorian Premier Daniel Andrews said the service would be an appropriate way to recognise the contributions of one of footy's most famous faces.

"That's a way all Victorians can say thank you to Lou Richards for a life well lived and a very generous one," he told reporters on Tuesday.

"I thought it was appropriate to offer to someone who's just a fantastic Victorian, someone who made a huge contribution to footy and a huge contribution to the life of our state, someone who was loved by all.

"You can't say that about every Collingwood hero, but he was loved by, I think, every single Victorian because he was just a decent bloke and always gave back and always gave generously."

Richards captained Collingwood's 1953 premiership side before becoming one of the AFL's most beloved figures in print and television.

Ms Morrison said the outpouring of support after her father's death had been lovely.

"(We've seen) how much he is loved by people in Melbourne particularly, and throughout Victoria, and I think that in itself is a memorial to dad," she said.