I'll admit I'm not as wise as many of you, so will have to ask...

1) How did you get into debt? Was it by buying a player for more than was in your bank? I'm quite new to this, but even I understand the dangers of this...
2) If so, and you had 160 tokens, why not just clear it, just in case they sold one of your best players? Isn't this one of the rules?
3) Was this player the same player you got into debt with?
4) Why does it matter if he was deleted? It's not as if you were going to be able to buy him back, or is that possible? Isn't it better he isn't now at a potential rival who you might have to play against?
5) What's a nordgen?

Sorry about your troubles, but it sounds like you took a bit of a risk and it backfired.