Speaking of my own experience - as a former national level junior soccer player in Europe (quite different level than in the US)dubling in track and field, I had turner to track full time, because I wanted an university level education, which was impossible while playing soccer semi professionally at that age. Within a year, I was able to get a scholarship at D I University, and never regretted leaving soccer.
That being said, I was the best mid-long distance runner on any soccer team I had played (in clubs, at all age groups, also in national junior teams), with few guys ahead of me in sprints (usually the kids of black immigrants with inate sprint speed of sub 10.8 100m ability). I definitely wasn't cut - body-wise - as a typical soccer player - short and skinny, whereas guys my height were usually 20-30lbs heavier than me, even at that age. I had participated in nation-wide testing of young soccer talents, and every year I was at least 10-15s faster in the 1500m TT than the next fastest soccer player. Those guys can run fast, there is some talent among them, but none of them, I repeat none of them, could run under 4:10 in 1500m without specialized track training (sub 4:30 mile)for at least 3-5 months, which is almost impossible to get without a special permission from a national coach. I was given a green light for doubling in sports and even obtained exempt from several conditioning practices a week in order to be able to do some running.
Still, the best lads in T&F were showing me backs at nationals, until I was able to run at least 5000kms (over 3000 miles) a year.
I have seen few exceptional women soccer players that were definitely very talented and could have been great runners, but I have yet to see ONE that could break 2:18 in 800m. Typically, the best adult women in the national soccer team would run between 2:30 and 2:25, with the exception of one 2:20ish performance every 5-10 years.
So, no, sub 5 minute mile is not in the cards for any of them. However, I would bet that few of them could break 64s in the 1/4, and several could be under 27s for 200m.