Solskjaer's current deal as United boss is due to expire next summer, with the Norwegian revealing earlier this year that he had not held talks over an extension.
Yet United co-chairman Joel Glazer has all-but ended speculation over Solskjaer's future after he held talks with the United boss earlier this week.
"Under Ole, we feel we are absolutely on the right track," confirmed Glazer "Success on the field must be underpinned by solid foundations off it. We have supported sustained investment in the team over many years, and that will continue this summer.
"I want to reassure you that my family and I care deeply about Manchester United and feel a profound sense of responsibility to protect and enhance its strength for the long-term, while respecting its values and traditions.
"Our top priority is, and will always be, competing for the most important trophies, playing entertaining football with a team comprised of top-quality recruits and some of the world's best homegrown talent."
They are words that will encourage Solskjaer to believe that not only will be handed a contract extension, but the transfer funds that were lacking last summer will now be made available.
United came close to signing Borussia Dortmind and England star Jadon Sancho last summer, but the club refused to pay the lavish €120million asking price.
Now a deal for Sancho could be revived, while United have made no secret of their desire to sign his Dortmund team-mate Erling Haaland and news that the Glazer's are ready to pump money into the club suggests they may be one of the few club's in Europe that could afford him this summer.
Meanwhile, Solskjaer has made a plea to United fans to support the team for the rest of the season as he fears further protests against the owners could harm the ambitions of his team.
"You don't have to be a rocket scientist to see the challenges ahead and see the friction ahead," he said.
"It makes it more difficult for me and more difficult for the players. We have to focus on getting results. We've got to a final now and we just want to focus on doing what we do – but doing it better.
"Hopefully the fans will see that we are working in the right way. I want us all to come together and unite.
"I will do what I can to get us one step further in Europe, and one step further in the league."