The narrow market for surplus dreadnoughts

Who could realistically buy surplus Royal Navy dreadnoughts after a naval treaty?

Only a few states such as Sweden, Norway, Turkey, or China might try, because crews, money, docks, and treaty rules sharply limit the market.

The Royal Navy might be willing to sell older dreadnoughts, but the pool of credible customers would be very small. Treaty restrictions remove Japan, South American naval competition had slowed, and Commonwealth transfers might be prohibited by the scenario's rules. China, Sweden, Norway, or Turkey could express interest, yet each would need the money, trained crews, ammunition system, bases, and docks to support very large ships. Renown and Repulse would be particularly attractive because they offered 15-inch firepower without requiring a buyer to acquire an entire Queen Elizabeth-class support ecosystem. The answer turns a paper sale into a reminder that operating a capital ship is an institutional commitment, not merely a purchase.