New Torquay United manager Paul Cox says he is excited by the opportunity to rebuild the National League club.
Cox, 43, has signed a one-year deal at Plainmoor and succeeds Chris Hargreaves, who is on gardening leave.
He has inherited a squad with just nine contracted players and will be working with a reduced budget.
"If you look at the wage structure, it's half of what was being spent last season. It doesn't give me a lot of options," Cox told BBC Sport.
"But I see building this club from what is its lowest ebb in a number of years as something that motivates me."
Cox led Mansfield to the Conference title in 2013, having previously taken Eastwood Town into the Conference North.
|Tough times at Torquay|
|Torquay United were relegated from League Two in 2014 and finished 13th in the Conference last term.|
"I'll put a lot of pressure on myself next season, not just to make up the numbers - I want to compete," he continued.
"I've not come here for an easy ride, I've not come here for money, I've not come here with a big budget, but I feel we can still be successful.
"It might sound crazy, but I'm really looking forward to putting together a team and a club. We've got to be heading in the same direction and we've got to crave success."
"If Paul Cox is available at this level, it's a no-brainer," said director of football Dean Edwards. "He's been, seen and done it at this level.
"I have been very impressed with the way he sets up his teams. They're big, strong and organised, and I think that's what we need."