I couldn't say how close they are to getting that working - nor if it even is possible - because I don't work on that specific side of things. But I do know there used to be multicast networks over the internet back in the 90s (IIRC David Bowie even streamed one of his concerts over it) so it strikes me as a solvable problem.
However multicast struggles over wifi and 4g.
A CDN edge box in each exchange would probably solve the problem.
Broadcast television isn't particularly unusual, surely. Millions of people watch live, primetime TV every day.
However the use case of live sport - especially football in the uk - is massively different. This means the platforms have to scale to 20 million plus live streams (that's say 100tbit and 5 second latency) for a once in 4 year event.