Your completely overlooking that people pay Sky for Sports, not just football.
Their £20 a month (or whatever Sky currently charge for Sports, likely more) covers cricket, golf, tennis etc.
You're assuming people would stop paying Sky to solely pay for football or they would pay for both.
The EFL currently sell their games abroad on an individual game basis, PPV.
If the EPL followed suit I'd expect them to also sell PPV on an individual game basis. That risks people only buying the big games (probably why Sky only do annual contracts). So that leaves season packages.
No experience of what EFL/EPL charge but a couple Scottish clubs sell packages to their games directly to non UK/Ireland subscribers for £10 a week, which is often 1 game.
£20 a month from the EPL directly? You wouldn't get that for 1 teams worth of games never mind the entire league.
Sky have purpose built studios, production teams, teams of camera operators. Years of experience of the logistics involved.
They have dedicated sports reporters and a 24 hour news operation to back them up. A dedicated sports news channel.
That's just Sky and just in the UK. There's BT Sport with rights here too.
Take a look at the amount of broadcasting partners that have bought the next 3 years worth of rights...
https://www.premierleague.com/news/970151The EPL are going to do all that themselves, in all those countries and languages, competing with every 1 of those broadcasters trying to take some of their marketing share (some of those are practically monopolies in their countries).
They are going to go to all that trouble, expense/investment, risk, what because they can?
Why is some Spanish customer going to pay the EPL for PPV access when they already pay their own local broadcaster for a Sports package that includes Spanish football and football from around Europe.
While we're at it why don't UEFA and FIFA do the same.
Rather than me just paying for my Sky Sports package and BT Sports for access to live Scottish, English, Italian, French, German, Spanish, European and International football, I could pay the SPFL, EPL, EFL, UEFA and FIFA directly, and get less!
I'll also need to keep paying Sky and BT for the cricket, golf, tennis, MMA, etc. I'll lose domestic European football as they'll also go the PPV route.
What makes you think the EPL is so special they can go down this route, alone, with everyone jumping on the bandwagon and then still making Billions, while massively disrupting a market that has worked for years?
I'm confident in 2022 we'll see similar deals done as last year, with simple rights being sold for huge sums with little work involved other than signing contracts.
Leave it to the broadcasters who know how, who tend to sell Sports as a package. Not everyone only cares about football, or English football specifically.
I for 1 wouldn't give them a penny.