Given all of the Premier League footballers go clothes shopping together and visit their fancy barbers, etc, it's only right that the league is cancelled with immediate effect as the threat of the virus spreading amongst players and staff spreading is simply far too great.
It should be announced immediately that Euro 2020 will be pushed back until 2021 to allow the domestic league to continue in the summer, providing the virus situation has improved by then.
The Premier League table is frozen as-is, with all teams given chance to vote on whether they would be happy if it was decided that their position now is what's awarded to them as a final league position. If 80% of teams agree, then the league ends immediately, Liverpool are Champions and the current bottom three are relegated. If less than 80% agree to this then the league is cancelled for this season, starting afresh as soon as the virus situation is resolved.
Given that there is no chance of 80% of teams agreeing, I think this is a fair solution. Also, no teams have been confirmed Champions in any league yet, or relegated, so nobody can argue with this.