Confirmed on CCFC site...

The 20-year-old has enjoyed a breakthrough season with City’s First Team, having first linked up with the Club at the age of seven. He has made nine starts and 13 sub appearances for the Bluebirds so far in all competitions, scoring on two occasions and assisting three times.

Davies' new deal will run until the summer of 2025.

Great news. Especially if he turns out to be the new Michael Owen.