Clough stated his intent to improve Davies conditioning for the 2010–11 season, stating "He will be back in training on 1 June, four weeks before everybody else." Davies subsequently damaged his cruciate ligaments in pre-season training and was ruled out for a further six months. Davies returned to the side in the final game of 2010, making a substitute appearance in a 5–2 defeat at Nottingham Forest. Two months later, Davies signed a one-year contract extension which kept him at the club until the summer of 2012. He scored his third goal of the season as Derby beat Swansea 2–1 on 12 March 2011. Davies finished the season of with 5 league goals, the joint second top scorer with Alberto Bueno & Jamie Ward, with the three being behind leading scorer Kris Commons who netted 13 times.