Wakely, 20, who has signed a two-year deal at Wycombe, was released by the Premier League club this summer.
He played four times for Chelsea Under-21s in the Football League Trophy in 2019-20.
Wakely ended last season on loan with Brighton's youth team.
Need a VPN? Or seeking to switch? Then support Tribal Football by clicking here to sign up with our official partners NordVPN. Not only will you receive the best VPN experience, but also great discounts by signing up via Tribal Football. Thanks for your support!