I wrote sometime back in this thread that there is no better option than terminating this season and promptly starting the next, whenever permissible, to lessen the enormous financial stress across all tiers of football.
I do not know if anyone in this thread has highlighted that we need to shorten the pre-season period + transfer period to compensate for the days lost and to avoid curtailing the next season. Hypothetically, if the current season were to continue when permissible, we need to first have a fitness window (~3 weeks), then resume the remainder of this season (several weeks), then take another break to prepare for the new season and complete player transfers (several weeks). Only then can the 2020/21 season commence. That is a lot of stop and go, and a lot of new season time wasted. The best way to minimise delays is by aborting this season now and by opening an extended transfer window fairly soon (like May 15). Once the government allows football resumption, the new season can immediately start as everything including end-season break, transfers and pre-season training would already be (almost) complete.
Clubs will need an extended transfer window as upcoming transfers will be very complicated because of the economic downturn, hard-bargains, travel restrictions and a lot of uncertainty surrounding European competitions. Of course, some FIFA rules regarding player transfers may need to be tweaked.