After a “Three Months Later” transition, it seems like Alfie is old news. However, he is visited by Tommy in the Peaky Blinders season 5 finale and reveals that he survived by taking large amounts of drugs.
Alfie says little about his recovery in Peaky Blinders season 5 but claims that he woke up in Margate Beach and initially thought he might be in hell itself.
Alfie also remembers taking “a lot of drugs” after being shot but notes that he won’t “bore” Tommy with the details. For storytelling purposes, Alfie’s resurgence simultaneously increases the character’s arc in Peaky Blinders.
As he sets up the Peaky Blinders season 5 showdown between Tommy’s crew, Alfie, and fascist politician Oswald Mosley. Due to his Jewish heritage, he is willing to help Tommy defeat a powerful anti-Semite.
Alfie’s survival heralds his inevitable return in Peaky Blinders season 6. With his season 4 conflict with Tommy now resolved (his dog is still alive), the spotlight will turn to his failed attempt to assassinate Mosley.
Alfie is retired and suggests that he is now a mythological figure in the Holy Land, but pride, whether personal or professional, will likely inspire him to seek more power in Peaky Blinders.