Hoddle came in for strong critism after a promising beginning to last season turned into another mid-table finish.
"It's obvious the fans wanted the manager when he came here and the players thought he was a great coach who would bring on everybody's game," said Davies.
"He brought on my game and the bad end to the season was not all down to the manager.
"We faded towards the end of the season and did have a few injuries. It's not all the manager's fault, we're all in this together."