Davies completes move to Bolton
Wolves midfielder Mark Davies has completed his move to Premier League Bolton for an undisclosed fee.
Wolves midfielder Mark Davies has completed his move to Premier League Bolton for an undisclosed fee.
The 20-year-old has signed a four-and-a-half year deal at the Reebok Stadium.
Davies' contract at Molineux was set to expire this summer and the midfielder had slapped in a transfer request, despite Wolves' offer of a new deal.
The club had already received bids from Bolton and Leicester, reportedly of £650,000 and £300,000 respectively.
But the Molineux club have already driven the price beyond £1million, with add-ons to the deal believed to be the starting point for negotiations.
There had been another Premier League club interested as well as Bolton, but not Wigan, as has been reported.
Davies was recalled from his two-month loan spell at Leicester on Friday and missed their 4-1 win over Huddersfield on Saturday.
Wolves chief executive Jez Moxey said: "We've had him at this club for over 10 years and we always recognised he was an exceptional talent, so to say we were disappointed with his transfer request is an understatement.
"We offered him a really good three and a half year contract on really good money, but he's said he wants to leave come what may.
"He's been injured on and off for over two years and we sent him on loan to a really good club to get matchday experience, which he needed in order for him to come back and compete for a place in our team.
"We've had numerous meetings with him, his dad and his agent – we've done so much to persuade him to stay, but he wanted to leave."
Asked about the fee, Moxey said: "It's club policy not to reveal financial details if and when we do deals."
Davies was regarded as a comparable talent to Robbie Keane coming through Wolves' Academy.
But McCarthy said: "I've seen glimpses of his ability but I think Oldham in an FA Cup replay (16 January 2007) was the last time he really contributed to the first team."