The Bayern keeper sustained the injury in the build-up to Cristiano Ronaldo’s hat-trick goal on Tuesday as Real Madrid ran out 4-2 victors in the Champions League quarter-final second leg at the Santiago Bernabeu.
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Neuer had been instrumental in helping the Bavarians to the top of the Bundesliga this season, keeping 14 clean sheets and conceding just 13 goals in 26 games.
The 31-year-old does not require surgery, but he will not feature for Carlo Ancelotti’s side again this term as they chase back-to-back domestic doubles.
Speaking on the club’s official website, Neuer said: “Of course, I am sad that I will not be available to the team for the season finale.
“Now I am concentrating on getting back to full health as soon as possible. This is the most important thing for me now.”
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