Yeah, this is definitely not pronounced like Sheila. Plus, it looks like "she Lia", as if someone with bad grammar was trying to introduce someone named Lia.
While I do like the name Sheila, I don't like this spelling. The switching of the letters around makes me want to pronounce it differently. I pronounce Shelia "she-LEE-uh" instead of "SHEE-luh". And I find "she-LEE-uh" quite hideous.