Besiktas lost the two-legged match against Lausanne, with a score of 2-1 on aggregate. As a result, the team will not participate in any European competitions this season.
The club's board made the decision to end Solskjaer's contract, citing a meeting where the chairman, Serdal Adalı, expressed gratitude for Solskjaer's contributions to the team.
Besiktas' official statement was brief and polite, thanking Solskjaer for his service and presenting the decision to the public.
Ole Gunnar Solskjaer had been leading the team since January this year, helping them achieve a fourth-place finish in the 2024-25 Turkish Super Lig.