UEFA will take direction from national governments - the domestic leagues will be suspended and further decisions will be made, don’t plan on watching any football apart from reruns on tv until this summer folks.
It’s a slam dunk and within 48hrs our own HMG will be laying down the law on sports as well as a lot of other things that will change the way we live for a while.
The reason for the delay in meeting is that everyone will want to take advise from national governments across Europe as well as legal advice in terms of revenue loss, promotions, missed games, changes to transfer window regulations etc etc
Football is a microcosm of the change we will be seeing and the post event fall out will be just as seismic as the initial infection rates