FIGHT!
Freddy begins the fight by stretching his clawed hand towards Pennywise, who barely dodges the attack and gets grazed on the face. Freddy then rushes towards Pennywise and they engage in hand-to-hand combat. Just as Pennywise was going to attack Freddy when he was open, he is suddenly launched towards the wall. After hitting the wall, Freddy uses his telekinesis to launch Pennywise into seven more walls before dropping him. Pennywise, unfazed by the onslaught, gets up, transforms into a werewolf and begins his assault on Freddy. Meanwhile, Freddy grows another set of claws on his left arm. Pennywise and Freddy then slash at each other with their claws, but Pennywise manages to tear off one of Freddy's arms.
Freddy: ARRGH!
Pennywise then shakes the hand.
Pennywise: *while shaking the hand* Pleased to meet you! Sorry, I need a HAND.
Freddy smirks as the hand grips onto Pennywise, clawing into the hand.
Freddy: Quit Clowning around.
The handshakes violently, like a cartoon as Pennywise's bones begin to crack, the hand then flings Pennywise into the wall. Camera pans out to show Freddy already attached to the Hand again.
Freddy: HAHAHA! You're in my world, Clown.
Pennywise: *Transforms into winged leeches* We'll see about that!
The leeches Pennywise turned into all fly towards Freddy, who shreds them like ribbons. Pennywise then makes it rain, surrounding the arena with water, and transforms into a shark. He then attempts to charge and eat Freddy, who grabs the shark's jaws and tosses the shark on its side, before attempting to impale it. However, Pennywise turns into a swarm of piranhas, causing Freddy to impale a small group of the piranhas as they escape through the grate. Then, Pennywise turns back into a clown, teleports behind Freddy and bites him in the neck, ripping out some of the flesh around it. However, Freddy regenerates the lost skin and goes to stab Pennywise, but Pennywise does a back flip to avoid it.
Freddy: Why won't you die!?
Pennywise ignores Freddy and kicks him down, pinning Freddy to the floor. He then grabs Freddy and holds him high, strangling him. Freddy sees this as his opportunity to strike and stabs Pennywise's right arm, causing him to drop Freddy. Enraged by this, Pennywise turns invisible and summons lots of balloons, obscuring Freddy's sight. Meanwhile, Pennywise regenerates his lost arm. He then creates illusions of himself, making them attack Freddy with quick and rapid succession. After Freddy takes a few hits, he gets angry and calls fire, useing it to destroy the balloons as well as the illusions. Pennywise then removes his invisibility and starts the finale of the fight.
Pennywise and Freddy: Now, it's time for you to die!
Saying it simultaneously, the two combatants begin their final assault, with Pennywise turning into the giant spider and Freddy turning into the super-villain form of himself. Pennywise starts by firing webs at Freddy, who dodges them and gets in close. Pennywise tries to step on Freddy with one of his legs, to which Freddy replies by grabbing his leg and ripping it out of the spider. Startled, Pennywise loses his balance and collapses on the floor, transforming back into his original form.
Pennywise: How is this possible?
Freddy: Because I'm your worst nightmare come true.
Pennywise growls, then rushes at Freddy and knocks him to the ground, but as he hit the floor, Freddy summoned 2 pairs of arms from a nearby wall and bound Pennywise. The clown, now struggling to break free, is met face-to-face with Freddy.
Freddy: Lights out!
In one swift movement, Freddy slashes at the clowns throat and green blood spews out, with Pennywise's head falling and rolling on the ground. Freddy tips his hat and begins to walk away. But a voice from above.
Pennywise: EXCUSE ME! DO YOU HAVE PRINCE ALBERT IN A CAN?
Freddy turns, and to his horror, there is Pennywise, strattling the railing in the floor above.
Pennywise: YOU DO!? WELL YA BETTER LET EM OUT! HUH HA HUH HA HUH HA! *rattles a noise-maker.*
Freddy: How is this possible!?
Pennywise: Nice world you have here *Pennywise gets off the railing, his eyes glowing orange.* So much less... limiting.
Balloons appear around Freddy, swelling and popping with the smell of Kerosene. Freddy stares as the walls retreat behind Pennywise revealing only the void, and giant eyes filling the vision open behind a Pennywise, glowing a sickly Orange. The kerosene lights on fire, surrounding Freddy. Freddy begins to Panic.
Pennywise: I am older than you can imagine. I'm every nightmare you've ever had. I'm your worst dream come true. *Freddy tries to run from the fire, slowly catching on fire. The fire parts as Pennywise walks through it, his eyes glowing orange* I am everything you are afraid of.
Pennywise grabs Freddy, and pulls him into the Deadlights.
Freddy awakes in a spaceless void, surrounded by Writhing Orange light. His eyes set on a dead turtle floating in the midst of nothingness. Then two giant eyes open in front of him.
Pennywise: Welcome to the Deadlights. *His voice fills the entire area, but the voice comes from within Freddy's head..*
Freddy: Where am I!?
Pennywise: Outside the physical realm, in the space between worlds. This is my true form. The Deadlights. I rule this shapeless place of soul energy.
Freddy tries to coprehend the shapeless shapes, his mind fracturing. He screams out as the Deadlights surround him.
Pennywise: I will drive you crazy, I will torment you. Then I will kill you.
Freddy stops screaming, and smiles.
Freddy: Did you say: "Soul Energy?"
If a look of shock can be said to have had on a shapeless void, IT contorts and screams in horror as IT draws into Freddy's mouth and everything goes black.
The planet earth. A small speck on the endless eternity. Shining as a blue marble in the blackest black. A claw begins to enwrap the Earth, and two eyes, each the size of the Earth itself open, both consumed with writhing orange lights. A silhouette of a Fedora focuses into view above the eyes.
Freddy: Now begins a new nightmare.
K.O!
Freddy Cackles while gripping the earth in his claw.
Post-Fight AnalysisBoomstick: That's not good...
Wiz: It's clear by invading in the Dream Realm Freddy had the initial advantage. His mastery over the Dream Realm gave him God Like Powers.
Boomstick: But, despite the ability to read minds, Freddy has never been able to read the mind of God-Like entities. Otherwise he would have figured out the fears of the Dream Demons and released his control from them.
Wiz: And while IT is shown in the books to be capable of Fear, there is no way for Freddy to know what Fears to exploit. So his power in ITs dreams is limited.
Boomstick: But ITs powers were not.
Wiz: Because, as explained before, ITs powers are initially limited by the Universe he inhabits, and the dream world is by definition not limited by the logic of the real world. So IT was able to tap more into ITs cosmic power, and survive things that might otherwise kill IT.
Boomstick: And because IT could read Freddy's mind, because it's essentially human, it could find out Freddy's worst fear and turn that against him.
Wiz: This and ITs ability to make people in Derry forget about Freddy, would have been enough to defeat Freddy for good. But the biggest factor was a flaw with IT. IT constantly underestimates ITs opponents, and prefers to play with ITs food before killing them.
Boomstick: Freddy could have fought back with his immense mental abilities, but because Freddy is such a depraved guy, he doesn't possess the Hippy Groove Waves that the Ritual of Chüd requires.
Wiz: IT, being able to read Freddy's mind, decided enough was enough and just pulled him out of the Dream World, and into the Dead Lights, this sealed his fate. The Deadlights are essentially a Mystical Soul-Like Energy.
Boomstick: And remember the Freddy can EAT SOULS!
Wiz: Upon eating souls, Freddy gains the souls powers, which in this case is ultimate.
Boomstick: Yeah, should we be worried about that.
Wiz: Oh, it will be fine.
Boomstick: Oh well, Looks like this clown's had his last laugh.
Wiz: The winner is Freddy Krueger.