Well, in my last season I did get quite a good central midfielder, so I guess it was just ridiculously bad luck until then, but I was beginning to think there is some sort of bug in action. I had lots of regens who were good(3-4, even 5 star) according to my assistant but in Genie scout they ranged from 85 to 122. I mean...you can't misjudge someone THAT bad, can you?
In my save the best regens are scattered. The elite clubs usually have ones who may break through (apart from the one I manage, obviously) but they are more likely to appear at smaller clubs. I picked up 3 wonderkids from Ternana, Perugia and Chievo. I don't know the rest of the countries because I don't scout them that often but Hannover got a regen who wouldn't look out of place in a German World Cup squad at the age of 15