The Bulgaria international striker, who signed for the club from Fiorentina in the summer, suffered the serious injury in the opening minutes of the Manchester derby in August.
The former England manager, whose side currently sit third in the Barclays Premier League, told the club´s website, mcfc.co.uk: "It´s looking good, and I´m told by the medical people that for that kind of injury he is looking in good shape."
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