Stewart Donald is interested in returning to Eastleigh if he can sell his stake at Sunderland.
The 47-year-old was chosen to be the leader of a consortium offering to purchase the Black Cats in 2018 after they were put up to sale by billionaire owner Ellis Short.
Donald, who was previously Eastleigh's chairman for seven years, left the Hampshire club to join Sunderland as they looked to bounce straight back to the Championship.
