Wanderers boss Gary Megson took his spending to around the £15million mark on Friday with the capture of the Sweden striker which followed the arrival of £5million midfielder Fabrice Muamba.
Isle of Man-based businessman Davies has bankrolled the club throughout their Premier League era and Gartside said: "If it wasn´t for Eddie, we could even not be in existence, that is how crucial it was when he joined the club 10 years ago."
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