I don't think the virus has been overhyped to be honest; mind you, I don't read the likes of the Sun and the Mail etc, so have no clue what they're saying. It's the biggest event in my lifetime (I'm 40) and I think too many people are underestimating it. This based on multiple experts and accounts from people within the NHS etc.
In terms of today's announcement, I agree, there's likely to be one or two players infected over the next few months. And that's the issue. When these players are sharing showers and changing rooms etc, there's going to be transmission. As this mainly happens prior to any symptoms showing, it's unfeasible how any club will be able to play.