im wondering the same thing... lol.
i have mixed results, some people consider it good. i keep track of every single youth, they must progress at least at the rate of 12+ ca, using mini scout you will know this.
age - 17 move into reserves, use senior training, age 19 send out to championship or if good enough to premiership side, age 20 see if he fits in or you can send out again or sell off for profit ;-) i limit signing youngsters to US$1m per regen, and sell quite profitably at least for $6m + sell on clause. even if it is free transfer i always do sell on clause for youngsters
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