The SCM board are currently convening in order to release an official statement that will answer your question.
As I'm not a member of the board I'll give you the unofficial answer, which is that the Premier League is renowned for it's fast paced football. High tempo, non stop action, hard tackles and so on. This isn't exactly news to you I guess.
But another factor is the players position on the field. A central midfielder doesn't need pace. I'd value awareness and positioning before pace in that case. However, it's a different matter if its a fullback, winger or a striker.