Saudi Arabia's sports minister said his government would support private sector bids.
Potential sales are being explored by the owners of the two clubs.
The Saudi Public Investment Fund bought a controlling interest in Newcastle United in October of 2021.
There was a lot of interest in the two teams, according to the prince.
There is a lot of passion about football and there is a lot of interest from the private sector.
It is the most watched league in Saudi Arabia and the region.
We will support it if there is a private sector in the kingdom.
If an investor is willing to do that, why not?
Since their takeover less than a year ago, Newcastle have been in third place in the league and have not lost a game.
Since the takeover, the Magpies have spent more than 200 million dollars on players, breaking their previous record for the most money spent on a single player.
Prince Abdulaziz said that they had done an excellent job.
They have brought the right people on board, but have a long way to go.
I think it will be a bright future for the club because they strive for the best and always bring the best on board.
Following his departure from Manchester United, Prince Abdulaziz would like to see him join a Saudi club.
The Portugal forward left the Old United club with immediate effect on Tuesday after an interview in which he criticized United and said he had no respect for the manager.
In an interview with TalkTV, he said he turned down a deal to join a Saudi Arabian club in order to become the highest paid footballer in the world.
According to a Spanish newspaper, Al-Hilal offered him a two-year contract.
"Anything is possible, I would love to see him in Saudi Arabia," said Prince Abdulaziz.
The league and the sports eco-system in Saudi would benefit from it. He is a role model to a lot of kids and has a large following in Saudi.
Saudi Arabia's Prince Abdulaziz would like to bring the World Cup to his country.
If the bids are successful, he believes it will increase the chances of Saudi bidding for the World Cup.
Why wouldn't you? He said who wouldn't want to host the World Cup. There are many events in the region.
The world would love to host the World Cup. It's great for every country to host such an event.
Some of our venues need to be improved. We have stadiums that meet the requirement, but it's not all about the stadiums, it's about the infrastructure, the people, and the preparation for such an event.
When you're ready to host this competition, the nation is behind you.
Saudi Arabia has been accused of sportswashing, which is the act of using sport to improve reputation and project a positive image of a country.
Sport is being used as a soft power by the Saudi government to hide long standing issues, including women's rights abuses, the treatment of the LGBTQ+ community and the restriction of free speech.
"We were criticized in Saudi before we hosted such events, and now that we are now, we're criticized for hosting them," said Prince Abdulaziz.
The numbers don't lie and we look at the facts when we look at participation in boxing. We were surprised that 60% of the increase were women.
People learned from seeing appetite from the youth. If it is making the country better and fixing a lot of the social issues we have in terms of participation then that is a benefit for us.
We have to look at what is best for our country and our people, and what is actually developing our youth towards the future.