It cost 1token per bid in older auction but you can bought good players with few tokens if you know what you were doing. There was the biggest list of players you can choose and the reset was if i remember correct - 2 or 3 hours so you can planned your time if you cant find a required player in your list. Auction was full of players from other managers and you can even found nordgens.
With current auction you can buy only 4 star players with few tokens and if you are lucky. There is no enough players to choose + that 4 minutes reset not help at all. You cant plan your time because after reset it's all the same. All players are bots, you cant expect how he played under another manager (stats section for these players are total cosmetic made to fool you). I dont think that here are any nordgens left. Only good thing about current auction is that you not loose tokens if decide not to bid anymore.
Negotiations with current last week system is made for fools or tankers who are looking for something. I don't understand why they did this but this just killed this system