All 20 clubs voted to approve the technology, which involves the use of seven cameras behind each goal, at a meeting of Premier League executives on Thursday. The English top flight will be the first domestic league to adopt goal-line technology.
Clubs also ratified new limits on financial losses and curbs on increases in player wages, underpinned by the threat of points deduction, despite the opposition of some teams.
Spain hopes to follow the Premier League's lead and introduce goal-line technology within two to three years, its chief executive said on Thursday.
"Replays will be made available to all our host broadcasters and we are examining the feasibility of them being used on in-stadium big-screens," he said in a statement.
"It is essential that fans see the system in action to know that it is working," he added.
While FIFA's European cousin UEFA steadfastly refuses to adopt technology, preferring instead to use extra officials behind the goal.
FIFA President Sepp Blatter was convinced by the failure of officials to award a goal in England's World Cup clash with Germany in 2010 when a Frank Lampard shot clearly crossed the line.
England manager Roy Hodgson on Thursday welcomed the introduction of goalline technology into the game, saying it was "a step in the right direction".
"In the future everyone will know if a goal has been scored and misses by the referees and assistants will be ruled out of our agenda," he told delegates at the Soccerex European Forum in Manchester.
