I don't blame Jim. Unfortunately this came about at the worst possible time for him.
While I do think some of the demands could be true, I would question some of the specifics. No one on this earth would put up that kind of money and then hand final say in all football decisions to someone with a 2% share. It is simply so far out there I can't even see how he could ask for it. Based on this I question some of the other things he supposedly asked for.
A small equity stake, sure. A job, why not? Complete control, I just don't see it?