I see that everybody is surprised about that Fenerbahçe is discarded from the competition however I think it was a good move to show that success in a sport is not only thing cared about! According to CEV's explanation and TVF president's interviews, FB didn't obey the rules and disrespect the authority of CEV. Since FB is a very powerful club in football, they always think that they have the same power in every sport and they can do whatever they want, which is obviously not the case in volleyball.
This punishment would teach them not to behave CEV as they do to TVF They would realize finally that they are not the king and do whatever they want. If there is a rule, 'Great FB' also would obey
TVF president already explained the case very well. There is no right in Wild Card. There is only invitations. If you have somehow problems with the association which is on charge of giving WCs, it is obvious that you cannot take one. Moreover, with rosterwise view, nobody can claim that FB deserves more that GS
If a club is not obeying some kind of rules like "not staying at the same hotel" and etc. There are usually given some kind of fine or some other minor sanctions. In this case CEV has every right to invite any team since it is a Wild Card.
The point that you should understand is that if not obeying certain rules is that important and crucial so you mustn't invite that club to some other Cup Organization ( In this case CEV Cup). So Fenerbahce is invited to CEV Cup. If Fener was in top 2 in standings in Turkish League, they would invite them no matter what under circumstances. So this punishmet does not affect the invitaion to cups. But only the wild card invitation, which CEV can give which team she wants.
So you should put it into right perspective. As your writing concerned,you look like a Gala Fan attacking Fenerbahce. That is it.
As for CEV president explainning well; I have never seen a dumbest explanation from a Federation President.
He said something like;
"Think that you fight with one of your friends, do you invite him/her to your wedding ceremony." in simplest form. That is the relation between CEV and Fener. So thay had a fight and CEV does not Invite Fener.