It's a tricky situation. Cancelling leagues is just going to open up a whole new can of worms in my opinion with teams who feel like they're missed or will potentially miss out on something. Even if you crown the current 1st place winners it's still unfair to everyone else.
Even given the fact that Liverpool and PSG would have been unlikely to throw away their strong leads, it was still technically possible and that leaves all the other teams who are fighting for the European slots and teams fighting relegation and also promotion. What to do about them?
EPL is planning to continue season, but what if government simply won't allow to do that? French and Netherlands leagues also planned it, but their government decision forced them to end season at current phase. And situation in this countries looks much better than in UK. Meanwhile in UK number of new cases still aren't getting smaller. I'm afraid that such scenario as we saw in France and Netherlands is possible.
Well that's the big thing holding them back. If the lock down lasts all year or even years then it's probably out of their hands.
Christ, French league really is ended along with Dutch.
Can't imagine PSG will be happy about missing out on the CL if UEFA ban teams from leagues that finished early. I'm sure there will be lots of legal action/appeals taken. Maybe leagues might end up getting restarted instead of cancelled. To be honest, it makes sense just to pause everything until things blow over.
