The Southwest London side currently prop up the Premier League table and time is running out for them as the season enters its later stages
The German was appointed as the Southwest London side's third new man at the helm this season, as they struggle in bottom spot of the Premier League.
Unsurprisingly, Meulensteen was less than impressed with the decision to replace him just 75 days after he took over Martin Jol.
"They have hit the panic button on emotions of fear, but that's what happens in football," the Dutchman told BBC Radio Five Live.
"It was a situation where I had to clear up the mess of someone else before I could building something of my own."
It has largely been a disastrous campaign for a team who finished 12th in the league last season, as they became embroiled in a relegation dogfight early on. A 6-0 pasting by Hull City back in December was probably the nadir of their term so far, while the Cottagers have also been knocked out of the Capital One Cup by Championship side Leicester City and the FA Cup by League One outfit Sheffield United.
Currently propping up the league table with 20 points and four adrift from safety with 12 games left to play, time is running out for Fulham to save themselves. The club did show some improvement in recent games, drawing 2-2 at Manchester United before losing narrowly 3-2 to Liverpool, but the change in managers might have an effect on their fortunes again.
The majority of Goal Singapore readers believe the season is gone for Fulham already, with 75.7% believing that they will not escape relegation.
Fulham supporters will hope that the appointment of 60-year-old Magath on an 18-month contract - a move that nobody saw coming - will change their fortunes.
The former Stuttgart, Bayern Munich and Schalke 04 manager does bring a wealth of experience and three Bundesliga titles, as opposed to Meulensteen, who took on the role without any sort of experience.