Ther winger, whose dad Gordon was a player and manager of the Shire, has signed up with Derek Ure’s men in another coup for the club.
Wylde broke through at Rangers, winning the SPL title for the Ibrox side and the CIS League Cup in 2011, but moved to Bolton in 2012 when the Glasgow side entered administration.
The winger has moved around since, playing for Aberdeen, St Mirren, Plymouth Argyle and more recently Livingston and Clyde.
In a homecoming of sorts, Wylde follows in his father Gordon’s footsteps and the family connection doesn’t end there - his mum Evelyn used to work for the Shire when they were at Firs Park before the left-sided defender or winger, was born!
Wylde’s arrival is another high profile recruitment by Shire boss Ure and his assistant Andy Rodgers. Last season they lured established SPFL names Peter MacDonald, Mark Millar and Bobby Barr to the Falkirk Stadium.
And his is not the only high profile arrival at the fifth-tier level in the past week.
Former Falkirk player Kallum Higginbotham has moved back to Scotland after a stint in India with Real Kashmir, and signed for Kelty Hearts.
Barry Ferguson’s side already have ex-Bairns Nathan Austin and Tam Scobbie within their ranks.
It’s the latest high-profile move for Lowland League sides and another ex-Bairn in the division.
Paul Paton and Lewis Kidd will come up against Higginbotham next term as both have joined Stevie Aitken and Ian Durrant at East Kilbride FC.