Thoughts on season 8 finale [Spoilers] from TheBlackList
I have seen seasons 1 - 8. I just started watching the show about 3 months ago. i don't have anyone to talk to about this so I thought I'd post here.
It seems pretty clear to me who Reddington is. I got to this place a few seasons back. If this came out in the first few episodes of Season 9, I'd be surprised but if so just remember I haven't seen anything after Season 8 yet.
MY THEORY:
Raymond Reddington is Elizabeth's Mom. Along with all that plastic surgery came a sex change. That's why Reddington cares so much about Elizabeth and never lied when they said they weren't her father. It also explains why the first DNA test could be real and how the DNA test on the bones could also show that her father is dead.