The Norwegian boss has been away from the game for four years following his Manchester United axe in 2021.
But now Super Lig side Besiktas have confirmed a shock new job for former Molde and Cardiff chief, Solskjaer.
In a simple announcement on X, Besiktas wrote, "Ole, Ole, Ole", complete with a snap of the new boss draped in a club scarf.
In his first interview after his unveiling, Solskjaer said: "It's great to be here.
"It's very nice to see so many people who care about this fantastic football club.
"I've had a very nice first meeting with the members of the board.
"I'm really looking forward to this - it's fantastic to be in this beautiful city."
Solskjaer replaces Holland legend and ex-Arsenal star Giovanni van Bronckhorst - who was axed last month - in Istanbul.
Solskjaer helped guide United to a second-place finish in the Premier League and reached a Europa League final during his near-three-year reign.
He is set to watch Besiktas' next game - against Samsunspor this weekend - from the stands in Istanbul.