Kevin Blackwell has saluted Bury's new owners for restoring hope at the club and revealed they were just days away from going bust.
The cash-strapped Shakers, relegated to League Two last season, were on the brink of closure after revealing they needed to raise £1million to survive but were finally taken over by new chairman Stewart Day at the end of last month.
In their first week at the club, the new powers that be have wasted little time in painting a much brighter future and Blackwell now boasts genuine hope as he looks to play his part in reviving Bury's fortunes over a stable long term.
"It's been a week since the new chairman and his team came in and you can see the changes around the place. There is a real buzz about the club," Blackwell told Bury's official website.
"They have some really good ideas and the one thing they want to do is to stop this boom and bust scenario. They want stability and the fans want stability. We don't want to be going through this every 10 years. It's been up and down all the time.
"They want stability and they want to put things in place. There will be things in place that the fans will see when they come to the ground, they will see the changes. It's a whole new breath of fresh air, it's a clean sweep.
"It's just a professional approach, the very thing that I have been on about and I know I have got on peoples nerves.
"I don't see why we keep on thinking that it's only small Bury. I don't want that mentality, I want the mentality to be big, bright Bury. If we don't quite reach the stars, I don't want people to say that it's just little old Bury. The chairman wants that thought process eradicating."
Blackwell added: "I don't think the fans really realise just how close this club came to not being here. It was days away from closing. It wasn't administration, it would have closed.
"That stunned me, I didn't realise how close it was. I knew administration was very close, not the fact that we couldn't even afford to go into administration. The winding-up order surprised and shocked me."