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Published 11:12 28 Mar 2019 GMT
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Molde are expecting some kind of fee for Solskjaer, while it's understood that the three-time Eliteserien champions are set to name Erling Moe as their new permanent manager.
The terms of United's goodwill offer have yet to be agreed although BBC reporter Simon Stone has suggested that it could involve a game between the teams.
"From the first day I arrived, I felt at home at this special club," Solskjaer said. "It was an honour to be a Manchester United player, and then to start my coaching career here. The last few months have been a fantastic experience and I want to thank all of the coaches, players and staff for the work we've done so far.
"This is the job that I always dreamed of doing and I'm beyond excited to have the chance to lead the club long-term and hopefully deliver the continued success that our amazing fans deserve."
At the time of writing, there has been no confirmation on the long-term future of Solskjaer's backroom staff but ESPN report that Mike Phelan is expected to remain at the club.
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