 Davy led the successful consortium, out of three interested, that took over Huddersfield Town in 2003, when they were in administration following the collapse of ITV Digital and Town's recent relegation to the Football League's bottom tier.As part of the takeover Huddersfield Town's 40% share in the ground was transferred to a holding company, Huddersfield Sporting Pride Ltd. Huddersfield Sporting Pride Ltd holds a 60% stake in the Huddersfield ground with the combined original stakes of the football and rugby club, the other 40% stake is owned by Kirklees Council.In September 2006, he was criticised for failing to offer Town a significant transfer budget for the 2006–07 season to enable the club to build on their play-off position of the previous season.