He has since endured an up-and-down time at the helm, with inconsistent results in the Premier League leaving United fifth in the table while also qualifying for the last 16 of the UEFA Europa League before the season was suspended because of the coronavirus pandemic.
But while others might criticize Solskjaer for not immediately leading the club back to the heights it reached under Sir Alex Ferguson, Schmeichel thinks he is making the most of the resources at his disposal.
“Basically what he’s taken over is six years of too many different directions. He’s taken over players that were with Sir Alex (Ferguson), he’s taken over players that were with (David) Moyes and Louis Van Gaal and then (Jose) Mourinho.
“And all of them are different. They’re different in their approach, their different in the players they like. So he’s not really had an opportunity to build what he wants but he has. I think he has been helped by circumstances for absolutely sure but he’s given opportunities to players who you always thought that they were good, they could do the job. But because of the lack of patience or understanding of the players ability.”
The progress Solskjaer has overseen is displayed in the ever-improving displays of midfielder Fred.
But his development under Solskjaer is evidence of the positive impact the manager has had.
“Fred has been, for me, absolutely instrumental in how well the club has done this season,” Schmeichel said. “He was always perfect for the club but he’s now been given playing time and the more time he’s been given, the more confidence he’s gained and for me, he’s been one of the great stories this season at Manchester United.
“Of course it’s down to Fred but it’s down to Ole for giving him that confidence. I like that. I like the way he’s kind of introduced players that were already there but are now in the first team and are now playing well.
“He’s also brought all these values in. The players now know them. If you don’t share our values, there’s no place for you here. So you have to live up to his values. And he’s bringing in his own culture and you can see it and it’s there and it’s brilliant.”
Schmeichel and Solskjaer were United teammates for three seasons between 1996 and 1999 and are both seen as legends of the club.
Between the two, they won a combined 11 Premier League titles and played vital roles in the historic 1999 treble-winning season, which culminated in the iconic Champions League victory in Barcelona.
For Manchester United to reach the heights achieved under Ferguson, reaching the Champions League would be a “massive leap,” according to Schmeichel.
“Getting into the Champions League, that is a massive leap towards (winning the Premier League in the future),” the former Denmark goalkeeper said.
“Not getting into the Champions League is not a disaster because it’s another year of development and I don’t think there’s anything wrong in taking one step back to take two steps forward.
“But if we could manage to get into the Champions League, that would mean that the up-and-coming transfer windows will have a different feel to it because the best players in the world want to compete in the Champions League.”