He managed the Norway national team from 1990 to 1998, guiding them to
World Cup final tournaments in
1994 and
1998, with Norway peaking at number two on the
FIFA ranking. He worked from 2005 to 2007 as an analyst for
Vålerengens IF before joining Expekt.com. In 1995, as Norway manager Egil Olsen used one of his three votes to nominate Norway women's football star
Hege Riise as the FIFA World Player of the Year. The first time a woman player had been nominated in what is seen as a men's football award. In June 1999, the then 57-year-old Olsen made his appearance in English football, when he was named as manager of
Wimbledon. He reportedly turned down an approach from
Celtic to take charge of the London club, becoming the first Norwegian to manage in the
Premier League. Olsen has stated that his favorite player at the club was Welsh international
Ben Thatcher. He remained in charge for less than a year and was sacked just before the club was relegated from the Premier League, having been top division members since 1986. Club captain
Robbie Earle said that "Olsen just didn't know how to get the best out of us". On 19 May 2007, Olsen rejected an offer to manage the
Iraq national team citing a busy schedule. However, the Iraqi football president vowed not to give up on his signature and on 17 September, Olsen signed a three-year contract. In February 2008, Iraq sacked Olsen without telling him. He had tried to contact them by several means, but received the message when a new manager was installed, this action on the Iraqis part was very unexpected and their reason was said to be that they did not believe Olsen was strict enough. On 14 January 2009, it was announced that Olsen would once again manage the
Norway national team in an interim period until a successor for
Åge Hareide could be found. In their first game under his management, they beat Germany 1–0 in a friendly away game in
Düsseldorf. It is the first time Norway has won against Germany, since the
1936 Summer Olympics in Berlin. With Olsen as manager Norway rose from No. 59 in 2009 to No. 11 in 2011 on the
FIFA rankings. On 27 September 2013, Olsen agreed to stand down as coach following the
World Cup qualifying at home defeat to
Switzerland. ==Football philosophy==