The prospect of a European Championship and Olympic Games double has been shunted back by 12 months, and Ramos will be 35 by the time they take place.
But the captain of Real Madrid and Spain has indicated an appetite for playing in both, and Ceballos would love to see him flying the flag both in his home continent and in Japan.
The European Championship will be played across a host of countries, with Spain having home advantage for their three group games which will all be played in Bilbao.
Everything is conditional on the pandemic situation allowing such tournaments to go ahead, but Ceballos, who is also hoping to double up, sees Ramos as a leader who would lift Spain on the Olympic stage.
"Sergio has earned the right to decide by the performance he gives," said Spain midfielder Ceballos.
"I always want him in my team. He has been a fundamental player, he continues to be, and of course I would want to have him at the Olympic Games on my side."
The European Championship final is due to be played on July 11 in London, a mere 11 days before the Olympic men's football tournament begins in Tokyo.
Ceballos spoke of there being 15 days' difference and suggested that was "still compatible" with being able to take part in both.
Regardless of the exact gap between those events, it will be demanding for any player to fully commit to both.
Midfielder Ceballos just wants to make sure he has a chance of being involved regularly with Spain, which is why again this season he is on loan at Arsenal from Real Madrid.
At Arsenal he is set for an integral role under Mikel Arteta's leadership, but there were no guarantees he would be a fixture in Zinedine Zidane's Madrid team.
"You know that to take part you have to play for your team," Ceballos said.
"When a player is happy in his team that is for the best and that is why I decided to stay for one more year at Arsenal where I could develop my game as normal.
"After confinement we have seen a Dani Ceballos that we all wanted. I have improved a lot and I am very happy to continue at Arsenal."