Sunderland boss O'Neill rues missing out on Bolton skipper Davies
Davies's inspirational lead from the front enthused Bolton boss Coyle, who fended off Sunderland manager Martin O'Neill's winter transfer-window call.
"It was a non-story," said Coyle. "When Martin came I told him the only way Kevin Davies was going to leave was if he wanted to and he didn't, so it was dead in the water."
The Sunderland manager said: "He has been a fine player for a considerable time and obviously will be very important for Bolton."