Think it would massively reduce match day attendance and not sure even with the increase in viewers paying to stream it would cover the reduction in revenue. The big clubs who will always sell 80% of the ground due to visiting fans it would be ideal, but if you’re sat in L1 and your teams heading for a mid table season, it’s too tempting even now to stay at home, even without an official stream.
Even if they offered it as an extra to a ST or at a slight additional cost to a ST so you could decide between the two (attending or streaming), you would end up with a Netflix situation where 3 or 4 people would be sharing one access. No one can stop more than one person watching the same TV.
Would love something like it as I live too far to attend every game now, but think it would be the beginning of the end for those outside the Premier League.