Ole Gunnar Solskjaer has admitted it was "time for me to step aside" as manager of Manchester United.

The Norwegian was sacked on Sunday after a horrible 4-1 loss to Watford, leaving United sitting 7th on the table.

Solskjaer failed to win a trophy in his tenure at Old Trafford, and he admits it is now up to another manager to "take the next step" with the United squad.

"I wanted us to take the next step to challenge for the league, to win trophies, but unfortunately I couldn't get the results we needed and it's time for me to step aside," Solskjaer said.

"Second place last season ahead of arguably one of the best teams in Europe (Liverpool), I think that's a great achievement as well.

"And we were so close in Europe. Sometimes that's the fine margin for you, one penalty."