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I've decided to make a new story using the database. I loved using this database and haven't seen any stories using it. Full credit to the creater he's done a wonderful job. Hope you can all join me on my Q.P.R journey!
Dwnloaded the file on page 5, got the game working.
Followed all the stuff in the OP and had a team full of greyed out regens, but they tend to go when the squad is a decent size. The only problem was I was only given a wage budget between £15000 and £17500 depending on my season expectations. The maximum wage I could offer a player was £750
Unfortunately I've had to stop as apart from myself and Blackburn no other side signed a full squad. Liverpool signed three keepers and a forward, Swansea signed two midfielders and Man Utd signed Ronaldo, Rooney, Neymar and Messi and no-one else. As a result there were some ridiculous scores (two 9-0's in the first two weeks and Newcastle having a goal difference of +32 after five games)