Bennell, who was a youth team coach with City and Crewe, was last year convicted of 52 offences committed against 12 boys he coached between 1979 and 1991.

Broome, who is now dead, was involved in City’s youth set-up in the 1960s.

City say the compensation scheme applies to the victims of Bennell and Broome.

City added in a statement: “The club’s review remains ongoing and Manchester City FC continues to be restricted as to what it can make public at present for legal reasons.

“The club reiterates, however, its heartfelt sympathy to all victims for the unimaginably traumatic experiences that they endured.

“All victims were entitled to expect full protection from the kind of harm they suffered as a result of their sexual abuse as children.”

Press Association Sport understands that as well as involving financial compensation the scheme will see victims receive a face-to-face apology from a senior club official.

It is understood the scheme will enable victims to apply for compensation for general damages, impact on career, therapy fees and some legal costs and that some cases could be processed as quickly as within six weeks.

Settlements will have no confidentiality clause and will be kept open for those who prefer to consider pursuing a civil claim.

Legal firm Pinsent Masons is running the scheme and  QC Frances Oldham will act as an independent adjudicator.

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