Having had his contract terminated by UAE second division side Al-Fujairah, it was quickly reported - and then denied - that El Diego had been reinstated days later.
With Fujairah he left the club after failing to secure promotion to the UAE's top flight in April.
The former Argentina great announced Tuesday that he will become chairman of Belarusian club Dinamo Brest.
"Yes, Diego is with us!"
"Diego Maradona will be involved in issues of strategic development of the club, as well as interacting with all its structural units, including the children's academy".
They are eighth in the Belarusian Premier League and face Bate Borisov in the Belarusian Cup final on Saturday.
They face BATE in the Belarusian Cup final on Sunday, where they will seek to defend the trophy they won a year ago. Details of the news conference to be released "shortly". "Thank you for the confidence and for thinking of me".
The man who led Argentina to the World Cup championship in 1986 will likely assume his responsibilities as chairman and sporting director of Dynamo Brest after the 2018 Russia World Cup, during which he will be working as a sports commentator. He had previously managed Al Wasl, but was dismissed in July 2012, midway through a two-year contract.
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