The 40-year-old Norwegian will take charge of the Bluebirds for the first time after a whirlwind 48 hours which saw him flown to Wednesday's game at Arsenal by owner Vincent Tan and unveiled as Malky Mackay's successor on Thursday.
St James' Park is a ground which holds plenty of memories for Solskjaer, but few as bad as his appearance there during his first season as a Manchester United player in October 1996.
In just his seventh league appearance for the Red Devils, Solskjaer started in a 5-0 thumping by Newcastle, rounded off by Philippe Albert's chip over Peter Schmeichel.
But Solskjaer prefers to remember United getting their revenge for that result in April 2003, when he scored in a 6-2 demolition of the Magpies on Tyneside.
"The 5-0, yeah, I did play in that game," he said.
"It was one of my worst memories as a player, but I've had good memories there too, like the 6-2 game.
"I have good memories and bad memories as you do at most grounds. St James' Park is a place where I have had ups and downs.
"It's a difficult place to go, but Cardiff's current away fixture list is Arsenal, Newcastle, Manchester City and Manchester United so there are no better places to go and show what you are capable of.
"Having been a player I know how they will feel, what they feel when they go into the stadium and what kind of atmosphere will greet them there."
Solskjaer is expected to be active in the transfer window after being assured by Tan and chairman Mehmet Dalman he will have money to spend.
Blackpool's Tom Ince and Crystal Palace's Jonathan Williams have already been linked with the Welsh club, while Press Association Sport understands the likes of Mame Biram Diouf, Molde's Mats Moller Daehli and Heerenveen's Magnus Wolff Eikrem are also on his radar.
But the Cardiff manager insists he will give the current squad every chance to prove themselves.
"Everybody has got a clean sheet of paper to impress," he said. "Everybody has got the chance to impress every single day, to impress me and the coaching staff as we don't know them personally.
"That's the main thing now when I come in here. I can speak to the players and communicate with them as I want to get to know their personalities.
"They are in the time of their lives. They are playing football. I wish I was playing again, but I'm not. I love having conversations with the players and finding out their mindsets.
"There are names popping up everywhere. I have had a list of players the club have followed from before and it is important we acknowledge the work they have done and I have my view on a couple of players I know from before."