There are other speculations on what his role will be, but what we know for sure is he will be away from the spotlight, the dugout, stressful press conferences and the media backlash. It is down in the middle between full management and staying idle, which I think may drive these guys crazy.
He didn't want to be on the sidelines anymore based in his statements, he wasn't to be more incharge but I still think he'll return back to coaching when he starts to miss it, maybe for the German national team if Julian Nagelsmann was to exit after his contract expires.
This new job mightn't be as stressed free as we think because although he'll be out of the spotlight but he'll still have alot of work to do overseeing over 4 clubs.
It was too stressful to manage Liverpool but he is now taking on a role for four clubs?
He doesn't want to admit it that the real stress was having to come short to Pep, I don't know if it's just me but I think Klopp could have done more for Liverpool, yeah he got you guys 1 premier league and champions league but you guys could have won more in this areas, the potential was there but out of no where, everything died off.