Donald, who has been in charge of Conference club Eastleigh since 2011, cannot take a seat on the U’s board as he remains owner of the Spitfires.
That said, Donald will sponsor the women’s academy teams as the Oxford United Women’s team begins to gain publicity.
“The simplest way to look at it is like having two children. You try not to love one more than the other and try to do your best for both of them.” he told BBC Radio Oxford.
It is rumoured that Donald has a strong relationship with currently United chairman, Darryl Eales, despite backing a rival bid to buy the League Two side last year.
Despite being an Oxford United supporter, Donald insists that he will continue his services to Eastleigh.
“Everybody at Eastleigh knows I’m an Oxford fan and the fact I’m taking 10% and not any more shows I’m retaining my interest there.
“Eastleigh is my prime club financially and I’m just as committed as ever to make sure they have a successful season.”
Donald has had success at Eastleigh since his arrival. He was at the helm when the club won promotion from the Conference South in 2013/14, and has helped the club sign former Football League players including Jack Midson and James Constable.
And last season, the Conference club just missed out on another promotion, losing in the play-off semi-final against Grimsby.
Donald admitted that one his main priorities at Oxford is securing their own ground, as the U’s currently rent feel former owner, Firoz Kassam.
“The club needs to be in control of the revenue streams,” he added.
“When you hear 2,000 season tickets go towards paying the rent, it’s obviously a leveller in League Two and we wouldn’t have that handicap to getting out of the league.
“I would certainly be encouraging Darryl to pursue a ground acquisition.”
Oxford United fans…Are you happy with this news? Is the ground a major factor? How do you feel you will fare next season? Promotion? Please comment below!