The Times says Neville will miss the whole of next month, but could return for the potential Barclays Premiership title decider against Chelsea at Stamford Bridge on May 9.
If Neville fails to not return before the clash with Chelsea, United boss Sir Alex Ferguson will be without his skipper for 11 matches.
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.