The former United striker's astute leadership has revived a club in turmoil during his predecessor Jose Mourinho's reign.
Solskjaer was seen as a stop-gap option when recruited as a caretaker in December, with United scrambling for a solution following the sacking of Jose Mourinho.
The CFA made no mention of the 45-year-old Cannavaro, who has been strongly linked in Chinese media with the post.
Mourinho has been among those mentioned as a possible replacement for Solari, as Madrid have been knocked out of both the Copa del Rey and, realistically, La Liga's title race within four days.
Liverpool thumped United 3-1 at Anfield in the last match of Jose Mourinho's reign on December but they are transformed under interim boss Ole Gunnar Solskjaer and are back in the top four.
The amount, listed under "exceptional items" in the club's second-quarter results, includes pay-outs for the members of Mourinho's staff.
Anthony Martial can reach Cristiano Ronaldo's level, says Manchester United boss Ole Gunnar Solskjaer
Martial had looked set to leave the club in the summer after falling out with Jose Mourinho but battled his way back into the Portuguese manager's plans.
The 56-year-old is accused of committing tax fraud in 2011 and 2012 when he coached Spanish giants Real Madrid.
Sunday's trip to Leicester will see United face Harry Maguire, a centre-back Jose Mourinho wanted to sign before the start of this season.
A run of eight successive victories to start his caretaker reign at the club has transformed a campaign that appeared to be heading nowhere under his predecessor Jose Mourinho.