During a pre-season friendly between the teams on Wednesday, Fofana, 20, was injured by a late challenge by Villarreal striker Fer Nino.
On Monday, the France U21 international will have surgery.
“He will play at some point in 2022.” “The ligament damage is severe,” Rodgers said on BBC Radio Leicester.
“He’s in good spirits, and he wants to stay here and be with his teammates.” Sometimes players wish to return to their home nation, but he is remaining.
“He has an operation Monday and his recovery will start there.”
Both Nino and his manager, Unai Emery, apologised for the “horrendous” tackle, which Rodgers recounted.
With Jonny Evans still out with a foot injury, the Foxes manager has previously stated that he may need to sign another central defender before the transfer deadline.
Rodgers was happy with Ghana international Daniel Amartey’s performance in Saturday’s 1-0 Community Shield triumph over Manchester City at Wembley.
“Whatever I have asked Daniel to do he has always done so with great commitment,” he said. “His attitude is excellent, and he is a true team player.” He was fantastic today.”
