 In July 2008, he moved to Alloa Athletic for a third spell after joining the second division club on loan from Morton.On Hogmanay 2008 his loan spell expired, so he returned to Morton with only six-months to earn himself a new contract at the club.In the January 2009 transfer window, Stevenson rejoined Jim McInally at his new club East Stirlingshire on loan until the end of the season.