"But we can't look at the performance and say we were s**t because we weren't, to be honest and blunt, we weren't, we played well".
"We've got great faith in him as the next Michael Carrick".
Solskjaer scored the dramatic victor in the 1999 final as United struck twice in injury-time to beat Bayern Munich 2-1 in Barcelona and become champions of Europe for the second time in their history.
United's hopes of European glory remain alive after overcoming Paris St Germain and, speaking before being drawn against Barcelona, Solskjaer said they have proved that "on any given day we can beat a top team".
Any move for Bale or another high-profile wide player would surely mark the end of Alexis Sanchez's forgettable spell with United.
"I believe that you get what you deserve in life, in sport", he said.
"You're always measured on results but we played a good game against Arsenal", he told a media conference.
"It's so unusual, the Arsenal one, very disappointed in the result it hurts more than anything".