Speaking at the FT Business of Football Summit in London, Premier League CEO Richard Masters said the new service, called Premier League +, would be available for the 2026-2027 season, according to the report.
The service has been developed in partnership with StarHub, the league's broadcast partner in Singapore, FT said.
While English Premier League matches are currently available on various streaming platforms through broadcast partners, this could be the first time the league offers its own direct-to-consumer service.
Masters said traditional deals with broadcasters such as Sky Sports in the UK would remain "the bedrock" of the league's media business, but noted that owning and controlling its own platform provided future "optionality" in certain markets, according to FT.
"We're looking to learn how that might be replicated around the world," the report quoted Masters as saying.