The Norwegian, who famously scored the winner in the Red Devils' 1999 Champions League triumph, is expected to announce his retirement from the game today following a long-running battle with knee injuries.
Solskjaer, 34, joined the Red Devils for £1.5million from Molde in 1996 but has spent the last four seasons struggling with injury and is yet to appear for the Red Devils this season.
He did manage 11 goals in United's title-winning campaign last term, with his most recent appearance in the FA Cup final defeat to Chelsea on May 19 when he came on as an extra-time substitute.
And father Oyvind admitted the decision had not been an easy one for the striker.
"He wanted to keep playing," Solskjaer senior told Aftenposten.no. "This is sad for us, and for him, that he has to quit.
"He'd hoped to recover 100%, but now something has happened in his knee that makes it impossible for him to continue.
"But he believed himself that he still had a lot to offer on the football field, if he'd just recover."
Solskjaer, who flew to Manchester this morning from his hometown of Kristiansund, was appointed a club ambassador last year - a role he is expected to continue and develop - and could well be given a long-term coaching position at the club he has served so loyally over the years.