The much-anticipated conclusion of “Squid Game” is approaching with the arrival of season 3. While it’s bound to evoke sadness, there’s also a reason to celebrate.
Will Gi-hun (Lee Jung-jae) succeed in stopping the Front Man (Lee Byung-hun) and put an end to the lethal games once and for all? Viewers will discover this on June 27, 2025, when the Netflix series “Squid Game” concludes with its third season.
The creator is now providing us a sneak peek of what to expect in the grand conclusion. A little hint: be prepared with your tissues and confetti cannons.
## Sad and Happy
When queried about whether “Squid Game” will conclude with a happy ending, Hwang Dong-hyuk understandably cannot disclose any specific details (via The Playlist). However, he offers a vague response:
> It’s half. Half sad, half happy ending. It’s right in the middle. […] You’ll grasp what I mean when you see the last episode.
Alright, that’s quite ambiguous. Yet, a “happy-sad ending” seems perfectly reasonable. After all, Gi-hun and the frontman are involved in a complicated struggle that reveals the depths of human morality. The show is filled with gray areas, particularly in the nuanced portrayal of the characters and society.
Many theories regarding the series’ conclusion are already making rounds on social media. One theory suggests that Gi-hun will end up mirroring the front man’s path. This certainly implies the sad aspect. The happy ending could relate to the possibility that, in contrast to season 1, multiple candidates may survive.
## What Other Fan Theories Are There?
Various Reddit threads have been buzzing for months about how the acclaimed thriller series will wrap up. While some share their dissatisfaction with current theories, others introduce their own. A few of these sound quite intriguing, by the way.
Here are some examples:
– “I feel that the Korean games will be halted, but Gi-Hun will discover that it’s international. Most [fans] believe he’ll encounter an American headhunter at the airport.” – User Comfortable_Limit859
– “I really detest this theory that Gi-hun will turn into the front man. That would be serious character defacement and would undermine his entire narrative in the series.” – User NewRedSpyder
– “Gi-hun wins/or manages to escape with the group and subsequently dies outside the games in the final episode, but his demise will be linked to the games.” – User taffy4tswift
– “A VIP [in the series] indicated that ‘the competition in Korea is the best.’ So perhaps they eliminate that organization and it concludes with a cliffhanger where they pursue the remnants [in other countries – editor’s note]?”
– “456 kills the front man, then becomes the new front man and dismantles the organization from within.” – User caparisme
The notion that the competition occurs in other countries would be particularly fascinating. After all, director David Fincher (The Social Network, Seven) is reportedly involved in creating a spin-off series called No further information is available at this time, but maybe the games will proceed in America.