"They have hit the panic button on emotion and fear - but hey ho, that's football," Meulensteen told BBC Sport.
Fulham chairman Shahid Khan said: "With 12 matches remaining, we certainly can no longer post empty results. Action was required."
Magath, 60, has signed an 18-month contract.
Meulensteen coached at Old Trafford for 12 years under former United boss Sir Alex Ferguson and had 16 days in charge of Russian club Anzhi Makhachkala last August.
Speaking to BBC Radio 5 live, Meulensteen said: "I knew the owners were freaking out a little bit that there was the possibility of the club going down.
"The way forward that we have discussed with the club was about longevity and in this case it is clearly an act of fear.
"I have not had a lot of time and people who came to the Manchester United and Liverpool games could see what I was trying to put in place.
"I couldn't care less what they put in the statement, to be honest."
IF we decide to appoint Louis Van Gaal in the summer I really hope Levy looks at appointing Rene Meulensteen as a coach to work along side him. Meulensteen might not be the best manager but is a very good coach and think it would be a great advantage to have a fellow Dutchman working along side LVG who has worked in the league.
As a manager, Magath quickly gained respect and became notorious for his hard, grinding training methods, laying heavy emphasis on discipline, fitness and conditioning. Players gave him nicknames like "Saddam" (Saddam Hussein) or “Quälix”, a rhyming mash of his first name Felix and the German verb “quälen” (to torture).[6] He was once described by former Eintracht Frankfurt player Bachirou Salou as the "last dictator in Europe.
A reminder to those browsing without an account, it's quick and easy to Register Here. Come and join the fun!
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.