Together with Sansinenea, Miguel Mieg, Cosme Vázquez and Monchín Triana, Mieg was part of the great Athletic side of the early 20s that won the 1920–21 Centro Championship, the club's first-ever piece of silverware, and then reached the 1921 Copa del Rey Final, where they were beaten 4–1 by Athletic Bilbao.

[3] He played his entire career at Atlético Madrid, thus being part of the so-called one-club men group.

[5] With these two goals, he was the top scorer of the tournament alongside Senén Villaverde and fellow teammate José María Sansinenea.

As a coach, he managed Athletic Madrid for one season, 1924–25, leading his side to victory in the 1924–25 central championship, hence qualifying to the 1925 Copa del Rey, where they were eliminated in the semi-finals by Arenas Club.

Ramón Olalquiaga received an Order of Merit in the field of agriculture, fisheries and food.