Not entirely sure what you mean but you've always had the option of managing your youth team and/or reserves in addition to the senior team. At least in the Premier League, don't know about other countries where these are sometimes classed as a different club altogether. Of course this is all fairly limited stuff, there's not really any depth to developing your academy and recruiting young players other than asking your board for upgrades and getting in a selection of youngsters on trial.
If you're asking for a truly in depth academy management, possibly even without having to manage the senior team, I'm pretty sure that's a negative.