The Brazil superstar will miss both legs of PSG's round of 16 tie with Manchester United in the Champions League.
French champions Paris Saint-Germain made the news official through a press release on their website.
"After consultation with world-renowned medical experts, the decision has been made for Neymar to receive 'conservative treatment' for his latest metatarsal injury. The player has agreed & is now expected to be fit again in 10 weeks."
This will be a huge blow for the capital club, who would now need to reach the semifinals Europe's elite club competition if Neymar is to take any further part this season.
More reaction as it breaks on Futaa.