I love your enthusiasm and the idea, but saying it could work without an actual plan to get it done doesn't make it plausible. I'm not a person that loves to say we can't do that here at UL, but it all comes down to money.
One way to fund it would be a student athletic fee, but I don't believe the students body would vote for it in light of the NIL, stipend and current student debt. He'll, if I was a student today working my way through college, I wouldn't support it. In today's current events, specific college athletes have become a privilege class.