The statue, revealed by the club’s chairman and Jackson’s friend Mohammed Al Fayed, has been widely criticised. It was originally commissioned for Harrods but Craven Cottage was chosen as an alternative venue when following the department store's sale.
Gallagher said he wasn’t a fan of the statue, that said “it could be worse”.
“It could be Justin Bieber, but that wouldn’t be that high then would it so you’d be able to walk over it,” he told BBC Football Focus. “I don’t know, it’s a bit silly isn’t it.”
The footballer said: “Did Michael Jackson even like football??! What is a statue of the great man doing outside of the Fulham FC stadium?!
“Put a poster up not a statue!! A statue outside a stadium is for people who have achieved great things at that club not for 1 lil appearance!”
He added: “Al Fayed said he and Jacko were great friends....well put the statue up at YOUR house maaaaaaan!!”
"Why is it bizarre? Football fans love it," he told BBC News.
"If some stupid fans don't understand and appreciate such a gift this guy gave to the world they can go to hell.
"I don't want them to be fans. If they don't understand and don't believe in things I believe in they can go to Chelsea, they can go to anywhere else.
The statue has faced criticism from Fulham fans and Noel said he thought the Jacko statue was ‘ludicrous’ but added: “but it’s also, I quite like it’.
He went on to say: “I’m getting my picture taken with it next time, that’s for sure”.
Noel also joked he would like to see himself ‘erected’ at Manchester City’s ground, ‘just for once’.
The statue is thought to have cost £100,000, and was Al Fayed’s way of paying tribute to Jackson, who he considered a great friend. Many have said that despite the sentiment behind it, a football ground is not the place for the statue.
I used to like Jackson and I know that he cared a lot about Africa: with all that money for an useless statue, thousands of people could eat, but Al Fayed preferred a ridiculous statue that seems a plastic inflatable doll for wankers.