He was rated as the club's best home-grown product since Robbie Keane by then Wolves academy director Chris Evans, who is now on the coaching staff at Bolton under manager Gary Megson.
Davies did well when handed his first-team chance under Glenn Hoddle at Wolves, becoming almost a regular over the latter half of the 2005/06 season.
But a pre-season knee injury just a fortnight after Mick McCarthy took over as manager in July 2006 put his career on hold and he missed all of the 2007/08 campaign.
He made a goalscoring appearance for Wolves in the 3-2 Carling Cup win over Accrington Stanley in August, before going out on loan to Nigel Pearson's Leicester in November.
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