Most fans in the EPL are so devoted to their team that they're not particularly concerned with the culture of the squad. The combination of social identity/pride along with team devotion is not evident there. England also did not sign on to the E.U. trade agreement that constitutes that a certain percentage of players HAVE to be from the country they play in to make employment and trade fair. It simply wouldn't be supportive of their needs if they did that. They would never be able to compete with Germany, Spain and Italy for UEFA supremacy. The whole world knows it, except for the EPL fans who understandably prefer to turn a blind eye to the fact.I am a fan of club football and frankly could care less about the nationality of players. IMHO international football is grossly overated. The CL is an enjoyable competition but it is still a CUP competition so anything can happen in a particular tie, I would only draw limited conclusions from the outcome. For example, Chelsea won the CL last year while finishing 6th in the EPL and is currently competing in the Europa League (God I love that). The continuing increase in global TV rights will ensure there is lots of money to buy imports.
I suppose it rings stronger for me since FCB is not only devoted to bringing in players from Spain but focuses even stronger on Catalan identity. The fact that 80% of the players on Barca come from their own Academy is a source of immeasurable pride to the cul'es and impossible to ignore. When I was younger, I thought all teams everywhere did it this way. Athletic Bilbao follows the same ideology by dedicating themselves to players from Basque origins. There is not one single team in the EPL that I can say that about.
Instead, they have the most expensive TV rights in the world in an attempt to keep buying themselves into the top tiers. This process is progressively decaying he league from within as the economic pitfall that Von already mentioned is painfully evident.