No, they would need the licences for teams and players or they would be doomed from start. Besides, I don't think they could rival either EA or Konami in the gameplay department in a small period of time, sport sims get more complete every year and those studios have experience making them.
Add the community factor. Most football fans (and online comunity) are on PS platforms. With all of those facts, Nintendo is better off paying EA to put FIFA on Nintendo systems or just try to insist on something of their own style like Mario Strikers.
BTW. PES has not been consistantly better than FIFA. I've been a PES player since the PS2 days up until PES2013, and I changed to FIFA in 2014. FIFA just got way better and with more content, beating PES for many years, just with PES2015-16 Konami is "comming back", but at this point for me they do not have much credibility as a studio anymore
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