Ilkay Gundogan has commited his future to Borussia Dortmund by signing a new contract.
Ipswich boss Mick McCarthy is preparing himself for some interest in Aaron Cresswell during the transfer window.
The 44-year-old, who had been working at Leeds University, will take the reigns of the club who were this season promoted to Norway's top flight.
"I am looking forward to putting my stamp on this job," Deane told the club's official website.
Deane won three caps for England and is famous for scoring the first goal in the history of the Premier League.