Took control at Inter in 2006 after long serving chairman Chris Salmon stepped down to embark other business adventures.
The man known as the white feather wasted no time in appointing friend and former Atomics boss Roger Bartlett as first team manager.
With extra transfer funds made available by the self made millionaire, Davies will be looking for an instant return on his investment and faith in Bartlett.
Football is the most popular female sport in the UK, but does it get the publicity it deserves?
Yes, it's bigger than ever before
No, it's getting there but still a way to go
No, nowhere near enough
Win the Sky Sports Football Yearbook 2008/09
Club Website is giving away five copies of the daddy of all football yearbooks - the Sky Sports Football Yearbook 2008/09. If you love your football stats, it's a must!
The Football Foundation - football's biggest supporter
The Football Foundation helps grassroots football clubs fund projects of all shapes and sizes - find out how football's biggest supporter can help your club!