That's a load of crap. The Catholic and Orthodox churches can't even agree on who the real pope is. With all of their history and tradition they might have a clue. However, it just seems to cloud the argument. Besides, Jesus is the head of the church not some man and the Holy Spirit is given to every believer not a select few.
“I give you the keys of the kingdom of heaven, what you bind on earth will be bound in heaven, and what you loose on earth will be loosed in heaven.”