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The implication is that this is a public broadcast because you would be charging (even though it would be in your own home) need the appropriate commercial licence from Sky. It is not illegal to use a decoder but it is illegal to broadcast the sky logo and the logo on the sporting events, without specific consent. The matter has already been to court and the fines been substantial.
In a private members club, it still classed as a public broadcast.
Lots of people have been looking for similar loopholes and thus far, they have failed.
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If it was music you would need a licence from an organisation such as the Performing Right Society.
In respect of films, you would need a licence from an organisation such as the Motion Picture Licensing Corporation.
There is Copyright to any work of art or literature which includes music and paintings, books, films, television broadcast et cetera and to publicly broadcast this for profit, you need a licence otherwise you breach the originators intellectual property right.