After their Carabao Cup win at Luton, Solskjaer revealed the club have yet to receive any suitable offers for out-of-favour defender Smalling.
He said: "At the moment, we've not had any bids up to the level that we want. So that's the situation.
"That [Smalling's valuation] is not down to me, is it? I'm not the one negotiating between the clubs, but we haven't had sufficient bids there and that's it."