The turmoil which surrounded the Govan club a year ago on Thursday after it lapsed into administration, subsequently followed by liquidation, led to an exodus of players.
The Northern Ireland midfielder, 28, moved last summer to Southampton who reportedly paid Rangers 'newco' £800,000 for him.
Davis explained his decision to leave his boyhood heroes while leaving the door open to the possibility of going back at some point in his career.
He told the Daily Record: "We were professional sportsmen and on the day it was announced Rangers were going into administration it was just a series of words to us until we absorbed the ramifications of what had taken place.
"I had just signed a new, five-year contract with the club and it had always been my intention to honour that agreement in full and devote the largest part of my career to the team I considered to be one of the biggest names in world football.
"I loved the club and the fans but I had to take a decision which was best for me, my family and the remainder of my career.
"There was so much uncertainty, so I was delighted Southampton made an offer that was acceptable and the club got money that they needed to keep going.
"It was the toughest decision of my life when I left for another club.
"I gave the team 100% every time I went out on to the park for Rangers.
"If everything goes to the plan I have in my head I'd like to come back and play for the club again before my career ends.
"I know there are different opinions about the players who left after administration but I still follow Rangers and they continue to mean a lot to me."
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