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Two of Davies's signings have moved out on loan during the week and another £1m signing, Benny Feilhaber has spoken of his unreadyness for the Premiership rigours.
Feilhaber was brought to Derby County as a seasoned International who had plied his trade in the German Bundersleague . Many, and I suspect Davies to be one, thought the American was going to be a wonder buy at just £1m but both men now admit that he needs time to adjust to the rigours of the Premiership.
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His signing of David Jones was hailed as a snip by Alex Ferguson but little has been seen of the promising midfielder since promotion to the big stage.
In short, these three players alone have cost Derby County £5.5m for very little return and could well end up yet again warming the bench this Saturday against Chelsea.
Yes, Billy Davies did a good job in turning around a poor Championship side into a promoted side inside 12 months but is he or his signings up to the rigours of a Premiership season or should the directors be looking toward a seasoned Premiership manager to take the Rams forward?
The hunt goes on for Investment but if any money is found will it be wisely spent or will we have a few more million pounds worth of talent wasting away on the bench. The next few weeks should be very interesting, if not somewhat nervous for Billy Davies...