But I don't think it would be money for English football, it would only go to the teams selected. It would go down badly with the fans who wouldn't be able to go - even if the clubs offered to pay their travel and accommodation not everyone would be able to, nor would want to, go.
The reason the Premier League is so successful (apart from marketing), is the competitiveness of the league. On any day, the bottom team can pull out a surprise win over the top team, and that makes it far more exiting than PSG telephoning a win in every week.
The passion of the fans is also something that attracts viewers from around the world, and turns them into fans.