Solskjaer's successful spell as interim manager has earned him a three-year contract and Saturday's Old Trafford appointment with the Hornets will be his first outing since the news was announced.
More than that, he has the team playing in an attractive style while also lifting the gloom that lingered at the club in the final months of Mourinho's tenure.
"United is a club that has money but people who know me, know I will use that in a good way", he added to Norwegian TV.
Solskjaer has discussed summer transfers plans with executive vice-chairman Ed Woodward and hopes to have signings in place before pre-season gets underway with a July trip to Australia.
The previous record amount received by Molde was also paid by United, who signed striker Mame Biram Diouf for a reported €4.5 million (A$7.14 million) in 2009.
Solskajer said nearly immediately that he wanted the United job on a full-time basis, having played for the English club from 1996-2007 and scored 126 goals in 266 appearances.
"United is a club that has money, and that has to be spent in a reasonable way", Solskjaer said.
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"From the first day I arrived, I felt at home at this special club", Solskjaer said in a statement from the club.
"The reason I say it's an unavoidable mistake is because their performances have justified the appointment, but Manchester United are in a hard position", Jordan told talkSPORT.
The Norwegian will be given time to get things right at Old Trafford, a refreshing change given that Mourinho's arrival had most convinced that Manchester United would be ending their Premier League drought sooner rather than later. "It's not like it's going to happen overnight". "I think the players know my expectations for the future".
"The players have responded fantastically to us coming in and we're just looking forward to working together, to improve the players and the club".
Despite Solskjaer's confirmation on Thursday, there has been nothing official on his assistant, Mike Phelan.