Wade Robson and James Safechuck accused Jackson of sexually abusing them over a period of several years when they were children in a four-hour documentary "Leaving Neverland," the first part of which aired in the UK last Wednesday.
Jackson's family has kicked against the film, calling it a "public lynching."
The musician's estate is suing HBO, which co-produced the documentary.
The soccer museum in Manchester, England, has always displayed Jackson’s statue since 2014 but removed it, although the museum did not explicitly connect the statue's removal to allegations against the singer, the fallout from "Leaving Neverland" has led to some fans boycotting the singer and has prompted radio stations in Canada and New Zealand to stop playing his music.
“The National Football Museum has made a number of changes to its exhibitions and the objects on display over the last few months.
"As part of our ongoing plans to better represent the stories we want to tell, we have made a decision to remove the Michael Jackson statue from display." A spokeswoman for the museum said.